GlobalBridge, a provider of unified managed account and separately managed account programmes for trust banks and other non-bank advisers, has selected SS&C Technologies’ UMA technology solution.
GlobalBridge switched its accounting platform to SS&C’s Global Wealth Platform to support its growth in the UMA market segment.
"SS&C’s global capabilities, proven technology platform and expertise in unified managed accounts made them an obvious choice to help launch the next phase of our expansion," said Kelly Coughlin, chief executive officer, GlobalBridge. "SS&C’s order management, portfolio accounting and performance reporting capabilities enable us to offer a superior UMA product compared to competitive offerings. We are extremely excited about how we are positioned in the market."
"We are pleased that GlobalBridge, one of the respected names in the UMA and SMA platform space, has chosen SS&C’s technology platform," adds Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies. "Global Wealth Platform will enable GlobalBridge to meet its clients’ varying needs for product diversification, customisation and tax management through the convenience of a single unified account."
Global Wealth Platform is a web-based multi-currency UMA platform that provides overlay management including trade and portfolio modelling and client reporting, with performance measurement at the total account and sleeve level.
