SS&C Technologies Holdings, Inc. has announced that CGS-CIMB has chosen its Global Wealth Platform (GWP) stack to provide end-to-end capabilities and its Vision FI to provide reporting and client statements for its new wealth management venture.
CGS-CIMB provides integrated financial services to more than 2,600 institutional clients and 400,000 retail clients and has selected SS&C for its front, middle and back-office wealth management capabilities and the breadth of solutions available to support its long-term requirements for their newly formed business.
“SS&C’s commitment to the Asian market, deep expertise in the wealth management space, and end-to-end capabilities to support wealth firms in APAC and globally gave us the confidence to partner with them for our new business venture,” said Alan Inn, Group Head of Retail Wealth Management. “Through the GWP platform, our clients will benefit from consolidated statements with a single view of assets holdings, faster onboarding, and exceptional advisory services.”
CGS-CIMB has rolled out GWP to service its clients requiring discretionary portfolio management in Singapore and Malaysia. GWP, along with SS&C’s reconciliation and client reporting solutions, offers the firm a proven means to quickly get its new business venture up and running. In addition, the platform supports multi-country deployment, scalability and support across wealth advisory and wealth management activities, including modelling, trading, discretionary portfolio management, client statements, and more.
“We are pleased to help CGS-CIMB launch and support its new wealth management and managed investment services venture,” said Eric Rocks, V.P. and Managing Director, SS&C Technologies. “GWP provides the capabilities needed to simplify wealth management operations and will deliver a great experience for all CGS-CIMB’s users and clients.”
