Hanlon Investment Management Goes Live on SS&C's Global Wealth Platform(TM)
Investment Advisor Implements SS&C's Technology Based on Its Unified Managed Accounts (UMA) Capabilities
WINDSOR, Conn., Feb. 26, 2013 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Hanlon Investment Management, Inc. (Hanlon) went live on its Global Wealth Platform™ to support Hanlon's investment management business.
Hanlon built its business on a high-touch, customer-centric model. Through its selling agreements with more than 200 registered investment advisors (RIAs) and broker dealers, Hanlon understands every business is different. To serve that diverse market, Hanlon turned to SS&C's Global Wealth Platform for a flexible, scalable solution with Unified Managed Accounts (UMA) capabilities. Today, Hanlon can maintain and grow its Turnkey Asset Management Program (TAMP) supported by SS&C's robust technology platform.
"UMA is a must-have. We need to be able to offer advisors the ability to run a single account with multiple managers or investment options, tax overlay and restrictions," said Sean Hanlon, Chairman, Chief Executive Officer and Chief Investment Officer of Hanlon. "SS&C's world-class UMA technology platform enables Hanlon to offer clients the ability to construct and maintain varying models and sleeves, provide an overlay and rebalancing facility in a scalable, cost-effective environment. This includes pre-trade compliance, audit trails and customized web-enabled client reporting."
"Hanlon is a fast growing TAMP and we are extremely pleased to have gained it as a client," said Alex Marasco, Senior Vice President and General Manager, SS&C Technologies. "We pride ourselves on customer service and technology innovation, with the goal of giving our clients the modern solutions they need to gain a competitive edge in the wealth management industry."
Global Wealth Platform™ (GWP) is a proven web-based multi-currency UMA platform that provides advanced overlay management including trade and portfolio modeling and client reporting, with performance measurement at the total account and sleeve level.
About Hanlon Investment Management, Inc.
Hanlon Investment Management is an SEC Registered Investment Advisor located in Egg Harbor Township, N.J. Founded in 1999 and with $3.8 billion in AUM today, Hanlon provides a comprehensive portfolio management solution for advisors and their clients through its turnkey asset management platform (TAMP). Hanlon offers investment management of portfolios held at Pershing, Schwab and Fidelity, at thirteen VA companies on their variable annuity products, and on various 401(k) - 403(b) platforms. Hanlon is also the sub-advisor to a subaccount in the Transamerica variable annuity and Western Reserve Life variable annuity and variable universal life products.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 5,500 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $26 trillion in assets.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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