atomos, the advice-led wealth manager, has today entered into a strategic relationship with SS&C to offer a new platform service to the UK wealth market called ‘atomos invest’. Partnering with SS&C enables atomos to offer its unique blend of investment solutions, developed exclusively with WTW, to investors via digitally enabled wrappers on atomos invest. SS&C will streamline the onboarding process with SS&C Hubwise and fully automate trading and settlement activity for all assets held by investors.
The SS&C Hubwise platform further cements atomos' vision to offer a truly unique proposition to the market - one that gives clients all the benefits of a face-to-face service combined with the convenience and accessibility of modern digital tools.
Since its acquisition and carve out by Oaktree Capital Management in May 2022, atomos has launched a new strategy which firmly positions the business as a modern, technology-led wealth manager.
Niral Parekh, atomos’ chief operating officer, said: "I believe that new age wealth management business models will focus on specialising in high quality insights and analytics that complement an adviser's ability to enhance service and value to the end-investor. As a firm, we want to transform every possible data point of the assets our clients invest with us into insights that deliver better service. Customising our own platform solution and wrapping it around a cloud-based data warehouse simply allows us to do that at scale.
"I am so proud of the teams at atomos who have embraced the change and have worked tirelessly to help us get here. And credit to the team at SS&C Hubwise who have displayed the combined might of their businesses.
"As the wealth management industry prepares for the introduction of the Consumer Duty rules in 2023, our vision is simple: to lead the industry in delivering an exceptional client service and experience, enriching lives well beyond wealth. Our partnership with SS&C will help us make this vision a reality.”
Nick Wright, General Manager, Global Investor & Distribution Solutions at SS&C, said: “At SS&C, we pride ourselves on cutting edge technology combined with first class services across the spectrum of investment administration. We are excited to partner with atomos to improve the adviser and investor experience significantly.”
Press enquiries
For further information, please contact Quill PR at atomos@QuillPR.com or call 020 7466 5050.
atomos social media handles
Twitter: @atomoswealth
LinkedIn: @atomoswealth