They will be delivered on the AWS Cloud, which will be hosted and managed by IHS Markit.
Quilter Investors COO/CFO Mitchell Dean said: “As we set out to enhance efficiency and scalability, we needed to build a new, modern IT infrastructure capable of supporting our fast-growing business.
“The team already had a positive experience of using thinkFolio and the fact that it can be combined with EDM to deliver an end-to-end platform made it an attractive option for us. The managed service that IHS Markit offers means we can hand over the running and maintenance of the platform safe in the knowledge that we will enjoy continuity of service.”
Quilter Investors is using EDM primarily for security and account master management. Once validated, enriched and aggregated, EDM will distribute the data to the front office via thinkFolio.
As Quilter Investors’ cross-asset OMS/PMS, thinkFolio will provide portfolio modelling, compliance, cash and FX management and trading. thinkFolio offers the ability to manage the underlying assets of a multi-asset portfolio on a look through basis; this functionality is also integrated with the platform’s core modelling and compliance capabilities.
IHS Markit EDM and thinkFolio global head Spiros Giannaros said: “Asset managers are increasingly looking for trusted partners to deliver multiple solutions through a managed service.
“We are looking forward to working with the team at Quilter Investors to deliver this modern, flexible infrastructure which will play a key role in supporting the firm’s investment requirements and asset class mix.”
Source: Company Press Release