Top operational challenges hindering today’s wealth managers

By William Vellek

Businessman sitting in conference room, looking thoughtful


Legacy systems and processes are a very real problem for today’s wealth managers. These systems lack integration, struggle to scale with increased data from new asset classes, and require manual workarounds that introduce operational and reputational risk. Capturing market opportunity, managing exposures, and achieving business objectives for growth require a nimble operational infrastructure that can easily adapt to the ever-evolving investment market. Continue reading

SS&C survey reveals private equity firms focused on operational efficiency, governance, and transparency – Part 2

By Joe Patellaro

In part 1 of this series, we talked about how today’s private equity firms are increasingly focused on transparency and the current regulatory environment. Here, we examine what respondents say about asset class growth.

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Want a more profitable wealth management practice? Technology gets you there

By Stephen Newman

Today’s wealth managers are always looking for ways to enhance their client service. Our recent webinar looked at a number of trends in the marketplace and how managers can provide clients with more personal service while still efficiently managing their businesses, growing their client base, and ensuring they’re on top of compliance obligations.

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Private equity study reveals firms increasingly focused on operational efficiency, governance, and transparency – Part 1

By Joe Patellaro

A recent SS&C survey of private equity professionals (SS&C customers) and 2017 SuperReturn international conference attendees shows an increased focus on private equity operational efficiency. The data reveals that 88 percent of respondents reported being more operationally focused today compared to three years ago.

The reasons behind this are varied, but ultimately map back to protecting investor interests.

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6 key trends driving operational and technology decisions

By Eric Rocks

The global investment marketplace is constantly evolving and keeping up is a competitive necessity. To effectively manage your business growth, you must optimize your operations and anticipate market changes and new requirements. The financial industry has grown exponentially over the past 30 years, and better technology has enabled investment teams to manage this growth and its accompanying complexity effectively and efficiently.

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Boutique asset managers: The path to scale

By Lee Burchell

Markets and regulations are constantly evolving, expensive internal operating models impede scalability, and savvy investors recognize that growth cannot be achieved if internal costs are unsustainable. How can boutique firms meet these challenges and stay competitive?

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The challenge of complexity: The impact of corporate actions processing, part 3

By Tongjai Lertphaisan

Do you regularly miss deadlines? Are your systems manual and error-prone? Are you looking for ways to improve your firm’s corporate action processing?

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High energy and high demand for loan management at LendIt USA 2017

By: Errol Winter

This year’s LendIt USA conference hosted about 6,000 financial professionals in New York City at the Jacob Javits Center on March 6th and 7th. The 2-day annual conference is well known among industry leaders who participate in online marketplace lending. LendIt hosts the largest series of conferences that provide a great opportunity for the online lending community to meet in person and connect in central locations across the US, Europe, and China.

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Five tech concepts powering dynamic business in 2017

Eric Rocks, Vice President and Managing Director of SS&C Technologies

Running a business is a very dynamic operation that requires taking the time to consider not only how things change, but why things change. By mastering this outlook, financial executives will have a greater ability to manage control over their successes. This is important, particularly when it comes to navigating volatility. While a business might be experiencing an extended period of growth, this can easily be thwarted by increased competition in the marketplace, new technologies or geo-political factors.

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Easing the Complexity of Investment Operations: Part 1

By: Inderjit Gawera


Finance Concept on Blackboard

The operations side of investing has become very complex and challenging over the years. Daily operations, including trade capture, investment transaction processing, striking NAV values and unit prices, tax and fee calculations, performance measurement, and reporting, must all be done accurately and on time, within a highly controlled environment.

This is difficult, especially with ever-increasing volumes, fund and instrument innovation, evolving regulation and tax rules, and tighter servicing agreements. In addition, specialist systems and tactical workarounds to manage newly mandated regulation and support the launch of new asset classes are also often in place.

The result: investment operations have multiple disparate systems, including front office order management solutions for trade management and execution, back office platforms for investment accounting and unit pricing, and advanced middle office capabilities for compliance and post-trade processing. Asset managers need an end-to-end solution for their investment operations, but there is no single solution that meets all these requirements.

To ease the complexities involved with investment operations, we’re releasing a two-part blog series, starting with this post, which will assess integration options.

Clean and efficient integration between systems and maximizing automation of business processes can be challenging. The movement of data between systems requires middleware solutions to perform data transformation, validation and, in some cases, enrichment, before being consumed by downstream systems. In addition, SLA targets must be met even with increasing transactions and associated data processing. This is true of incoming market data, like prices and corporate actions, and the movement of data between downstream systems, like feeding transaction and valuation data required for performance measurement and advanced analytics. All reports delivered to clients, regulatory bodies, and other end consumers must be accurate and timely.

With the integration of new system components, IT and operations teams must find the best way to meet these requirements. Often, new system components have pre-defined APIs but the outputs generated need manipulation before downstream systems can process incoming data smoothly. Third party ETL tools can manage the integration of data but a better solution is for these processes to be managed within each system. This reduces the number of possible points of failure and ensures accountabilities sit with individual system vendors.

One option for operation systems integration is HiPortfolio from SS&C. It sits at the heart of investment operations as the core accounting system, and encompasses a number of proven best-of-breed integration solutions that enable optimized implementations that align to your requirements.

To learn how HiPortfolio can streamline your investment operations and support new products and services, download our brochure.