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Technology news

Investment Administration Services renews relationship with SS&C


22 August 2012 Windsor, Connecticut
Reporter: Jenna Jones

Generic business image for news article
Image: Shutterstock
Australian accounts provider Investment Administration Services (IAS) has renewed its affiliation with SS&C through the company's Global Wealth Platform to support its managed account business.

IAS has been a client of SS&C’s Global Wealth Platform since 2004.

The platform is a web-based portfolio management solution that is designed to streamline the management of multiple client portfolios across markets, currencies and financial instruments.

Phillip Thomas, IAS’s CEO, said: “SS&C’s superior technology, proven track record, and service excellence are the primary reasons we chose to continue partnering with SS&C and its Global Wealth Platform."

“At IAS we have been adding clients to our administration business at a rapid rate, and we rely heavily on technology to do so efficiently and profitably. Global Wealth Platform gives us an edge in terms of instrument coverage, scalability and the level of automation we require to support us in expanding our managed accounts client base. SS&C has been, and will continue to be, a strong strategic partner for IAS.”

Phil Banas, managing director of SS&C Technologies, said: “IAS and SS&C enjoy a long standing relationship and we are pleased to continue to provide comprehensive services and software to the IAS organisation.”
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