Boston Trust & Investment Management Outsources Via SS&C

The $7 billion asset manager has a new way to oversee data, trade orders, portfolio accounting, compliance and revenue management.

Boston Trust & Investment Management Co. (Boston Trust) has selected Advent Outsourcing Services from IT provider SS&S for the asset managers hosting and data management needs. These services offer SS&Cs suite of portfolio management products in a SaaS environment, while offering access to data management services.

Under the agreement, SS&C will provide portfolio accounting and reporting, trade order management, compliance and revenue management via products such as Advent Portfolio Exchange, Moxy, Advent Rules Manager, and Advent Revenue Center. The agreement is expected to enable Boston Trust to enhance its competitiveness and better serve its customers, according to a press statement.

Boston Trust is an employee-owned investment management firm with $7.3 billion in assets under management.

Following a competitive review process, Boston Trust selected SS&C for its robust services, offered on SS&Cs proven technology platform, according to a press statement.

“Partnering with SS&C suits our business needs well – integrating software, hosting, and data management services in an increasingly agile and competitive organization, said Kenneth S. Pickering, Director of Operations at Boston Trust.

He added, The SS&C suite offers both flexibility in terms of solutions available, and, by combining the technology with expert technical and operational services, allows Boston Trust the foundation from which to focus on our core competencies. The team overseeing the day-to-day running of our services boasts an impressive knowledge of the products and the investment management sector in general – were looking forward to growing the relationship well into the future.”

Were proud to be chosen by Boston Trust after their thorough review process which illustrates their belief in our ability to provide best in class service,said Robert Roley, ‎SVP and GM of SS&C Advent.

He added, We believe clients see the unique benefit available from a single vendor technology platform, the long and proven history SS&C has supporting and enhancing products, as well as leveraging the vast experience of SS&C as a proven vendor of outsourced financial technology and operations.