Nicola Wealth Management, a Canadian asset fund management and private investment counsel firm, has chosen fintech provider SS&C Technologies Holdings to deliver fund administration services for about $4bn in assets under management (AUM).
SS&C will offer various administration services such as fund accounting and investor services as part of the deal.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Nicola Wealth Management CFO Michael Taylor said: "Working with SS&C will allow us to improve productivity and internal control. Repositioning our fund accounting and transfer agency service requirements with SS&C will reduce operational risk and will allow us to better serve our clients as we continue to grow into the future."
The technology provider’s platform will support 15 funds and 4 limited partnerships of the Canadian wealth manager.
SS&C Technologies chairman and CEO Bill Stone added: "We are pleased to add NWM to our growing list of Canadian clients. Canada is a key market for us, and we look forward to helping NWM meet the challenges investment firms face in an increasingly complex regulatory and operational environment."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
