Crystal Capital Partners picks SS&C for back-office optimisation
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Crystal Capital Partners picks SS&C for back-office optimisation 27 June 2023US Reporter: Lucy Carter
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Alternative investment platform Crystal Capital Partners has chosen SS&C to optimise its back-office processes.
Crystal Capital’s platform connects more than 200 wealth management firms and approximately 60 third-part institutional funds, with a combined US$1.5 trillion in assets under management as of 1 June 2023.
SS&C Geneva will help the firm to streamline its portfolio management and reporting operations, which in turn will help the company continue its growth trajectory.
Karen Geiger, co-general manager of SS&C Advent, says: "As a leading fund services and technology provider with over 35 years in the business, we specialise in finding solutions to fit every platform's needs. We look forward to helping Crystal Capital optimise operational workflows on their platform, so their member advisors can focus on client relationships and generating investment returns."
Michael Hoyer, chief financial officer at Crystal Capital Partners, adds: "Our integration with SS&C will help streamline the investing process for advisors and their clients, eliminating much of the burdensome operational processes associated with alternative investments —subscriptions, rebalancing, and liquidity schedules, among other things. As a result, advisors can focus more time on educating their clients about the breadth of the asset class and how it can be deployed in a modern portfolio."
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