RiskTech Forum

Boston Trust & Investment Management Company Signs with SS&C

Posted: 29 July 2016  |  Source: SS&C Technologies Holdings


SS&C Technologies Holdings, Inc, a global provider of financial services software and software-enabled services, today announced Boston Trust & Investment Management Company (Boston Trust) has selected Advent Outsourcing Services for the firm’s enhanced hosting and data management needs. These services offer SS&C’s award-winning suite of portfolio management products in a SaaS environment, while offering access to robust data management services.

As part of the agreement, SS&C will provide portfolio accounting and reporting, trade order management, compliance and revenue management via products such as Advent Portfolio Exchange®, Moxy®, Advent Rules Manager®, and Advent Revenue Center®. The agreement is expected to enable Boston Trust to enhance its competitiveness and better serve its customers.

An employee-owned investment management firm with $7.3B in client assets under management, Boston Trust provides services to institutional and individual clients with the aim of providing investors competitive returns with less risk over time. Following a heavily competitive review process, Boston Trust selected SS&C for its robust services, offered on SS&C’s proven technology platform.

"Partnering with SS&C suits our business needs well – integrating software, hosting, and data management services in an increasingly agile and competitive organization,” said Kenneth S. Pickering, Director of Operations at Boston Trust. “The SS&C suite offers both flexibility in terms of solutions available, and, by combining the technology with expert technical and operational services, allows Boston Trust the foundation from which to focus on our core competencies. The team overseeing the day-to-day running of our services boasts an impressive knowledge of the products and the investment management sector in general – we’re looking forward to growing the relationship well into the future."

Outsourcing core investment management operational services is appealing to firms interested in reducing costs, managing risk and improving client service.

“We’re proud to be chosen by Boston Trust after their thorough review process which illustrates their belief in our ability to provide best in class service. We believe clients see the unique benefit available from a single vendor technology platform, the long and proven history SS&C has supporting and enhancing products, as well as leveraging the vast experience of SS&C as a proven vendor of outsourced financial technology and operations,” noted Robert Roley, SVP and GM of SS&C Advent.