SS&C Bolsters Alternatives Data Aggregation for Wealth Managers

Core Insights - SS&C Technologies Holdings, Inc. has launched SS&C Accord, an AI-enabled service designed to assist wealth managers in aggregating and validating alternative investment data [1][5] - The service aims to address the challenges wealth managers face in collecting and integrating alternative investment data, which is often inconsistent and costly to manage [5] Group 1: SS&C Accord Overview - SS&C Accord is powered by proprietary technology and leverages SS&C's expertise in wealth management and alternative investment fund administration [1] - The service provides a single source of clean alternatives data, enabling wealth managers to offer clients a comprehensive view of their traditional and private investments [2][5] - It is managed by a dedicated account team that combines intelligent automation with human expertise for data monitoring, retrieval, and processing [3] Group 2: Benefits for Wealth Managers - Wealth managers, Registered Investment Advisors, pension funds, endowments, and family offices can access alternative investment data through a comprehensive control panel integrated within the SS&C ecosystem [4] - By outsourcing alternatives data aggregation to SS&C, wealth managers can eliminate the need for multiple systems, scale their alternatives business, and focus on delivering results [5] - SS&C has over 35 years of experience in alternatives fund administration, enhancing its capability to provide timely analytics for data-driven portfolio decisions [5]