Business
Saltus Selects SS&C to Streamline Operations
WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a long-term agreement with Saltus, a leading U.K. wealth
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":" WINDSOR, Conn.--(BUSINESS WIRE)--\nSS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a long-term agreement with Saltus, a leading U.K. wealth management firm, to streamline its technology and operating model as the business continues to scale. Following a competitive tender process, Saltus selected SS&C Hubwise to deliver a single, integrated wealth management platform supporting its growing adviser and client base. Saltus currently manages more than £9 billion in assets, which will be serviced on the new platform.\n\n\nDesigned to easily scale and adapt with Saltus, the platform leverages SS&C’s proprietary automation tools to enhance efficiency and improving client reporting and data management. SS&C Hubwise enables straight-through processing, simplifying portfolio management and providing faster account servicing. Additionally, SS&C Hubwise’s integrated retirement and investment proposition centralizes account access and management to offer an improved user experience.\n\n\nThe move reflects a broader shift across the U.K. wealth management industry toward consolidation of technology stacks to create more agile, data-driven operating models. By migrating to a single, integrated platform, Saltus aims to strengthen operational resilience, establish a more scalable cost base, and give advisers real-time access to the data and tools required to deliver consistent, high-quality outcomes for clients.\n\n\n“Saltus has expanded significantly over the past few years, both organically and through strategic acquisitions,” said Alistair Stuart, Chief Operating Officer at Saltus. “This growth has increased the scale and complexity of our operations and has required a major change in our operating model as a result. As we looked ahead to the next phase of the business, it became clear we needed a technology provider capable of supporting our ambitions while maintaining the level of service our clients and advisers expect. SS&C Hubwise offers an end-to-end platform with the automation, resilience and flexibility we were looking for, as well as the ability to support further growth over time. By consolidating more of our activity onto a single platform, we are simplifying our operating model and building a stronger foundation for sustainable growth.”\n\n\n“We are delighted Saltus has selected our team to support their expandi...