Canadian mandate for SS&C
29 April 2016 Vancouver
Image: Shutterstock
SS&C has been selected as fund administrator for Nicola Wealth Management (NWM), a Canadian wealth manager with just under $4 billion in assets under management.
Services provided will include fund accounting and investor services.
The mandate was reportedly based on SS&C’s expertise and experience, and for it’s technology platform, which will now support NWM’s 15 funds and four limited partnerships.
SS&C also offers localised teams, with five locations across Canada. The service provider now supports 370 investment firms across Canada.
Michael Taylor, CFO at NWM, said: "Working with SS&C will allow us to improve productivity and internal control.”
He added: “Repositioning our fund accounting and transfer agency service requirements with SS&C will reduce operational risk and will allow us to better serve our clients as we continue to grow into the future. We are impressed with SS&C’s large suite of sophisticated technology offerings and its operating platform in Canada and around the world."
Bill Stone, chair and CEO of SS&C Technologies, said: “Canada is a key market for us, and we look forward to helping NWM meet the challenges investment firms face in an increasingly complex regulatory and operational environment.”
Services provided will include fund accounting and investor services.
The mandate was reportedly based on SS&C’s expertise and experience, and for it’s technology platform, which will now support NWM’s 15 funds and four limited partnerships.
SS&C also offers localised teams, with five locations across Canada. The service provider now supports 370 investment firms across Canada.
Michael Taylor, CFO at NWM, said: "Working with SS&C will allow us to improve productivity and internal control.”
He added: “Repositioning our fund accounting and transfer agency service requirements with SS&C will reduce operational risk and will allow us to better serve our clients as we continue to grow into the future. We are impressed with SS&C’s large suite of sophisticated technology offerings and its operating platform in Canada and around the world."
Bill Stone, chair and CEO of SS&C Technologies, said: “Canada is a key market for us, and we look forward to helping NWM meet the challenges investment firms face in an increasingly complex regulatory and operational environment.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
