Investment Management firm Brooks Macdonald has entered a strategic partnership with software and technology provider SS&C Technology.
The move signals the firm’s next step in transforming its technological offering to both intermediaries and clients, as it focuses on improving adviser experience and services through innovation.
The collaboration will provide additional tools to intermediaries, such as automated client onboarding, full adviser and client portal functionality, bespoke reporting, and improved processing of application and requests, the company said.
As part of the deal, an undisclosed number of Brooks employees will be transferred to SS&C’s operations team.
The firm said that there are no planned redundancies as part of the alliance.
‘Market-leading proposition’
Caroline Connellan, Brooks Macdonald chief executive, said: “We are committed to delivering a best-in-class adviser experience as well as excellent client service, and this exciting partnership with SS&C will further enhance the strong relationships we have today.
“We are uniquely positioned with our focus on advisers and trustees, with a market-leading proposition and strong investment performance. SS&C has an impressive track record and credentials, and through our discussions I have been impressed by their innovative and customer-focused culture.
“Their proven track record in delivering leading-edge technology solutions alongside their deep knowledge and expertise in this area, will allow us to further enhance and differentiate our offering.”
