Infradebt Pty, an Australia-based infrastructure debt manager specializing in investment strategies, has selected SS&C’s asset management platform.
Under the agreement, Infradebt will use SS&C for the position-keeping, valuation and accounting for both traditional and non-traditional asset classes including infrastructure and complex debt instruments.
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Additionally, SS&C’s new technology infrastructure will enable Infradebt to automate processes, reduce costs and provide flexibility and support the firm’s next phase of growth.
Alexander Austin, CEO, Infradebt, said: "We were impressed with the breadth of full asset coverage, compliance functionality, integrated GL and the modern look and feel of the SS&C platform. We also liked their ability to deliver the solution on a ‘cloud’ basis so we didn’t need to establish an IT department."
Bill Stone, chairman and CEO of SS&C Technologies, said: "An important factor in Infradebt’s decision to partner with SS&C is our strong offering for non-traditional asset managers with an easy-to-use web front-end, available 24/7. Coupled with our class-leading cloud infrastructure, SS&C effectively provides a future proof investment management solution."
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