SS&C Global Wealth Platform gets an upgrade
27 April 2016 Windsor, Connecticut
Image: Shutterstock
SS&C Technologies has released improvements to its cloud-based investment management solution, the Global Wealth Platform.
According to SS&C, the changes come as a response to client demand. Upgrades include improvement to client management tools such as improved investment policy statement management and better tax harvesting.
Additional capabilities include capture of combination orders that are executed simultaneously, and processing for offsetting purchases and sales in to a single order, for improving efficiency and reducing transaction cost.
A new tool will also allow advisors to automate the exercise or assignment of options.
The improvements are intended to align market conditions and client investment strategies and to provide better insight in to clients’ portfolios.
Eric Rocks, managing director of SS&C Technologies, said: “Our clients have been at the forefront of driving the direction of SS&C’s product development, making sure that we are delivering the enhancements they need and expect from a world class technology provider.”
He added: “The upgrades in this release enable our customers to monitor and review taxable and non-taxable accounts quickly to spot potential issues or opportunities. This functionality is critical to help our customers stay on top of their clients’ portfolios and make more informed investment decisions, while delivering high client service levels.”
According to SS&C, the changes come as a response to client demand. Upgrades include improvement to client management tools such as improved investment policy statement management and better tax harvesting.
Additional capabilities include capture of combination orders that are executed simultaneously, and processing for offsetting purchases and sales in to a single order, for improving efficiency and reducing transaction cost.
A new tool will also allow advisors to automate the exercise or assignment of options.
The improvements are intended to align market conditions and client investment strategies and to provide better insight in to clients’ portfolios.
Eric Rocks, managing director of SS&C Technologies, said: “Our clients have been at the forefront of driving the direction of SS&C’s product development, making sure that we are delivering the enhancements they need and expect from a world class technology provider.”
He added: “The upgrades in this release enable our customers to monitor and review taxable and non-taxable accounts quickly to spot potential issues or opportunities. This functionality is critical to help our customers stay on top of their clients’ portfolios and make more informed investment decisions, while delivering high client service levels.”
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