The asset manager said that the latest tool will enable it to manage diversifying asset classes and capitalize on investment returns at each stage of the economic cycle.

According to the solution developer, Global Wealth Platform is a real-time, cloud-based investment system, designed to streamline the management of multiple client portfolios across markets, currencies and financial instruments.

SIML founder and chief executive officer Peter Kennedy said, "SS&C’s Global Wealth Platform is a modern, web-based system with excellent instrument coverage. The cloud-based model is ideal for a startup like SIML and Global Wealth Platform gives us rapid time to market while avoiding significant upfront capital expenditure."

SS&C Technologies managing director Phil Bana said, "SIML has sophisticated requirements and invests in a wide range of instrument types and markets. Global Wealth Platform has been designed from the ground up to manage multiple instruments and markets."