Investment Advisor Implements SS&C’s Technology Based on Its Unified Managed Accounts (UMA) Capabilities
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Hanlon Investment Management, Inc. (Hanlon) went live on its Global Wealth Platform™ to support Hanlon’s investment management business.
Hanlon built its business on a high-touch, customer-centric model. Through its selling agreements with more than 200 registered investment advisors (RIAs) and broker dealers, Hanlon understands every business is different. To serve that diverse market, Hanlon turned to SS&C’s Global Wealth Platform for a flexible, scalable solution with Unified Managed Accounts (UMA) capabilities. Today, Hanlon can maintain and grow its Turnkey Asset Management Program (TAMP) supported by SS&C’s robust technology platform.
“UMA is a must-have. We need to be able to offer advisors the ability to run a single account with multiple managers or investment options, tax overlay and restrictions,” said Sean Hanlon, Chairman, Chief Executive Officer and Chief Investment Officer of Hanlon. “SS&C’s world-class UMA technology platform enables Hanlon to offer clients the ability to construct and maintain varying models and sleeves, provide an overlay and rebalancing facility in a scalable, cost-effective environment. This includes pre-trade compliance, audit trails and customized web-enabled client reporting.”
“Hanlon is a fast growing TAMP and we are extremely pleased to have gained it as a client,” said Alex Marasco, Senior Vice President and General Manager, SS&C Technologies. “We pride ourselves on customer service and technology innovation, with the goal of giving our clients the modern solutions they need to gain a competitive edge in the wealth management industry.”
Global Wealth Platform™ (GWP) is a proven web-based multi-currency UMA platform that provides advanced overlay management including trade and portfolio modelling and client reporting, with performance measurement at the total account and sleeve level.