Brooks Macdonald Partners with SS&C

Wealth manager Brooks Macdonald has partnered with SS&C to enhance its intermediary-focused business in the UK and the Channel Islands. 

The partnership encompasses technology and operational services to transform adviser experience and client service. The collaboration will enhance Brooks Macdonald’s centralised investment capability, create a scalable and efficient administration function, and provide a platform for future innovation.

Caroline Connellan, Brooks Macdonald’s CEO, says: “I am delighted we have agreed a partnership with SS&C as part of our vision for Brooks Macdonald as the leading investment manager for intermediaries.  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.”  
As part of the arrangement, Brooks Macdonald will consolidate its operations on SS&C technology to support its growth and innovation. Brooks Macdonald will leverage an integrated wealth investment platform to facilitate upgrades to their adviser experience and client service. 
By 2021, SS&C will transition Brooks Macdonald’s operations to its market-leading technology and deploy its end-to-end wealth technology stack. Solutions include the SS&C Investrack digital service layer and Advent Genesis, the ground-breaking portfolio management and rebalancing platform with integrated order management and investor record-keeping capabilities.
SS&C will welcome a number of Brooks Macdonald operations colleagues to its team as part of the partnership. 
“We are delighted to partner with Brooks Macdonald to bring innovative leading-edge solutions to the adviser marketplace,” says Bill Stone, Chairman and CEO, SS&C Technologies. “SS&C and Brooks Macdonald are committed to delivering exceptional technology and service to advisers and their investors. We look forward to the partnership with Brooks Macdonald and to welcoming some of their talented and experienced team to the SS&C family as part of the partnership.”