Navigating the dynamic investment management landscape requires innovative solutions to stay competitive. Waters Technology’sannual American Financial Technology Awardsrecognize excellence in the deployment and management of such financial technology solutions within the asset management and investment banking communities, and SS&C Alohawas awardedBest New Technology Introduced over the Last 12 Months – Data & Data Services.
Controlling the Data Deluge: A New Era of Unified Data Management
As the driving force behind investment operations, data presents both a valuable asset and a formidable challenge for investment managers. The current landscape is characterized by an influx of financial data from diverse internal and external sources, presented in varied formats. Traditional approaches often grapple with fragmented systems, leading to potential risks around data extraction, movement and loading, which introduces operational fragility.
SS&C Aloha, a cloud-native front-to-back investment operations platform, offers a different approach, which is the reason for its recent award win. Aloha addresses the complexities of data sprawl and delivers real-time data and insights to the organization—keeping the front-to-back office in unison.
Key Pillars to Advancing Data Management
Single Source of Truth: SS&C Aloha is built around a unified data model and an SSOT architecture. Information is stored only once and as soon as it is updated, it is immediately reflected everywhere in the system and available to all users.
Speed of Information:The front (IBOR), middle and back office (ABOR) can make better-informed decisions based on accurate and up-to-date information.
Eliminating Duplicate Data and Streamlining Operations: A single source of truth approach reduces operational risk, cost and the complexity of data movement and multiple database integration.