Case Study: New York-based Registered Investment Advisor achieves streamlined middle-to-back office operations and reduced technology risk with SS&C Technologies' PORTIA Outsourcing Services

Registered investment advisor uses PORTIA’s outsourcing services

Registered Investment Advisor faced a sudden outsourcing gap when their mid-to-back office provider exited the business and needed a flexible, technology-forward replacement. They selected SS&C Technologies’ PORTIA Outsourcing Services to host and manage their OMS and compliance systems without conversion, leveraging PORTIA’s asset-management expertise, integration capabilities, and tailored service options.

SS&C Technologies implemented PORTIA Outsourcing Services to provide full facilities management (hosting, disaster recovery, server and database administration, 24x7 monitoring), OMS and compliance hosting, portfolio accounting and performance measurement, and automated reconciliation. The PORTIA team now handles more than 2,000 trades per day, 1–2 new accounts per month and ~10 new/revised securities monthly, reducing technology risk and staffing needs, lowering operating costs, and allowing the Registered Investment Advisor to focus on strategic initiatives while realizing measurable time and cost savings over five years.