FX Gateway is a new multi-manager platform aimed to provide institutional investors access to select currency managers and in turn, the platform seeks to provide currency managers with a more diversified investor base.
SS&C will be responsible for net asset value calculations and maximize operational efficiency.
As per the terms of the deal, SS&C will provide transaction processing, prime broker and counterparty reconciliation services and deliver performance and liquidity reporting on a daily basis through its web portal.
Morgan Stanley executive director and head of the Gateway Platform in London James Rogers said that it is comforting to know they have a trusted partner that will service the FX Gateway Platform at the highest level to let them focus on growing this business.
