SS&C Partners with SmartStop for Major Clear Up: Investors' Records, Not Your Garage

SS&C to SmartStop: 'You Stock, We'll Account' in Latest REIT Tech Mashup

Dear Self-Storage Savants,

We all know your beloved knick-knacks and heirlooms deserve a posh place to lounge during their off-season — and for that, you turn to self-storage giants like SmartStop Self Storage REIT, Inc. Well, guess what? The geniuses have now partnered with SS&C Technologies. Slight overkill? Let’s find out!

This scenario is akin to the Avengers assembling for a blockbusters' lineup, only this time, they are delving into the somewhat less exciting world of recordkeeping, investor onboarding and distribution. Superpowers or Super... nerdy? Either way, when you thought the self-storage industry couldn't get any more thrilling, the SmartStop conglomerate and SS&C hit you with a technological right hook.

Written originally by PRNewswire, this article unveils SmartStop's ambitious plan to “improve economies of scale with excellent technology.” For some, this is a step forward; for the rest, it reminds us how much we hated accounting classes in school. Which side are you on?

The big question is: Is this article investment-worthy of your precious time?

The answer is a resounding yes for SmartStop aficionados or REIT rebels interested in transfer agency layers of hell! But for mere mortals seeking humorous tales about self-storage mishaps, this one may warrant a skip. Still, who are we to judge? If exploring technology’s role in the evolution of self-storage titans tickles your fancy, well, you do you.

For the original article, visit SS&C's press release. Remember, we're all for decluttering, but your brain still needs intel to grow. Happy reading!