SS&C Technologies has announced the broad rollout of SS&C Accord, an AI-enabled service to help wealth managers aggregate and validate their customers’ alternative investment data.
Powered by proprietary technology, SS&C Accord leverages SS&C’s wealth management and alternative investment fund administration expertise to help advisers process siloed data across their investors’ portfolios.
Choreo, an independent financial planning and investment advisory services firm, sought to consolidate its client accounts on a single platform after acquiring the affiliated wealth management business of BDO USA last year.
“The BDO USA acquisition added more than $8 billion in assets under advisement to our business, much of it in alternative investments,” said Matt Bankston, managing director, platform and innovation, at Choreo. “We needed a way to aggregate alternatives data to be able to provide clients with a holistic view of their traditional