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Xplore Wealth Selects SS&C to Help Realize Its “One Platform” Goal

American Fidelity Appoints SS&C for Insurance Investment Accounting Partnership

Australia-based independent platform provider and investment administrator partners with SS&C Global Wealth Platform to streamline technology

SS&C Technologies Holdings, announced that Xplore Wealth chose SS&C’s Global Wealth Platform (GWP) to help the firm consolidate systems and enhance its wealth management platform.

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Following recent acquisitions, Xplore Wealth sought to consolidate investment operations  onto a single platform. Xplore Wealth initially deployed GWP to manage end-to-end investment processes for its Managed Discretionary Account (MDA) business. The firm is confident that cloud-based GWP can scale to support its planned growth.

“With GWP, we move closer to becoming ‘One Business, One Platform’ while we migrate away from legacy systems and onto an established, robust and cutting-edge solution,” said Mike Wright, CEO, Xplore Wealth. “Expanding our partnership with SS&C sets us up for long-term collaboration on future developments and to better serve our clients.”

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Xplore Wealth is a third-party investment administrator that supports independent financial advisors, full-service stockbrokers and licensed advice businesses via its MDA, Wrap and Direct Holder Identification Number (HIN) solutions.

“We are pleased to strengthen our partnership with Xplore Wealth during this critical period in its evolution,” said Christy Bremner, Senior Vice President, Institutional & Investment Management, SS&C Technologies. “We are a global player with a local presence in Australia, and that combination, along with our expert in-house understanding and knowledge, creates a solid base from which to help Xplore Wealth and all our clients succeed.”

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