In conversations with asset and wealth managers, the biggest operational challenge we hear about is trying to manage operations as a seamless, front-to-back process. This is difficult, if not impossible, to achieve when a firm has disparate platforms for portfolio management, trading, accounting and all the other functions that make up the investment process. The problem is exacerbated if those different systems come from different technology vendors who use technologies that do not easily interoperate and need to be constantly maintained. In the absence of smooth integration, it’s not surprising that many firms are still bogged down in manual processes and workarounds that impact efficiency.
In our "Driving Strategic Transformation of Investment Operations" whitepaper, we detailed three major operational obstacles that a patchwork of disparate systems creates:
Overcoming these obstacles requires more than incremental improvements to individual systems over time. It requires rethinking operations holistically, front to back, from a strategic perspective—what might the optimal platform look like if you weren’t trying to make disparate legacy systems work together?
The answer lies in looking to technologies that have emerged in recent years, and implementing the right combination of technologies to unify front, middle and back office processes on a single platform:
SS&C has brought these technologies together in our SS&C Aloha platform, the all-in-one investment management solution, spanning the front, middle and back offices, with support for every asset class and every function across the investment lifecycle. Aloha is not an update of a legacy system, but a truly transformative solution built from the ground up for investment operations. Leveraging more than 30 years of operational expertise, continuous technology innovation and deep insights into how investment and operations teams actually work.
SS&C Aloha has the power to transform operations from a fragmentary environment into a set of seamless, interconnected processes grounded in data integrity. For a deeper dive into the technologies that make up Aloha and how they work together to overcome the three main obstacles to optimal operational efficiency, download the "Driving Strategic Transformation of Investment Operations" whitepaper.