SS&C Technologies picks up SIM mandate
Global investment and financial software provider SS&C Technologies has secured a mandate from Specialist Investment Management (SIML) for provision of its SS&C Global Wealth Platform.
The mandate was announced this week with SS&C Technologies' Australian managing director Phil Banas saying SIML had chosen to partner with his firm via its Global Wealth Platform.
He said SIML had presented with sophisticated requirements based on its investments in a wide range of instrument types and markets.
"Global Wealth Platform has been designed from the ground up to manage multiple instruments and markets," Banas said.
"Our global reach gives us a unique insight into wealth management firms' evolving requirements, and our longstanding presence in Australia ensures full compliance with local tax and regulatory requirements."
He described Global Wealth Platform as being a real-time, cloud-based investment system designed to streamline the management of multiple client portfolios across markets, currencies and financial instruments.
Banas said it featured client and advisor portals for online interactive access to investment data.
Recommended for you
With Insignia shares up 32 per cent in the past month and the firm enacting a five-year growth plan, Morningstar believes the two recent acquisition bids from private equity firms demonstrate the company is undervalued.
As financial advisers enter the new year, Assured Support shares eight strategies to help advice businesses thrive through focused and consistent planning.
Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
As the year comes to an end, Money Management takes a look at the biggest announcements that shocked the financial advice industry in 2024.