Australia-based Individually Managed Account (IMA) specialist chooses SS&C Global Wealth Platform (GWP)
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Implemented Portfolios has chosen SS&C’s Global Wealth Platform (GWP) as their end-to-end solution for modeling, investment administration, custody and reporting for individually managed accounts (IMAs).
Last year, Implemented Portfolios conducted a detailed review of its target operating model and systems, choosing to renew its partnership with SS&C, and extended its Global Wealth Platform (GWP) license. SS&C stood out as a technology partner because of a mutual desire between both companies to work together to further develop existing technology, in order to build best-of-breed IMA capabilities. SS&C also had a thorough understanding of the Australian marketplace and IMAs, making it an ideal choice for the Implemented Portfolios future tech stack.
GWP caters to IMA complexities and unique customer specifications without needing extensive customization.
“GWP will bolster our growing and unique IMA service business,” said Greg Kirk, Chairman and Chief Executive Officer of Implemented Portfolios. “In a market where most focus solely on SMAs, SS&C offers a clear understanding of IMAs and an exceptional platform to service them. We look forward to working with SS&C to further develop the innovative system that we need to do what we do.”
“Our partnership with Implemented Portfolios is important to us, and we remain focused on delivering the capabilities and expertise that will help the firm grow and succeed,” said Christy Bremner, Senior Vice President, Institutional & Investment Management, SS&C Technologies.
