Saltus Transfers £9bn Assets to SS&C Hubwise Platform for Enhanced Wealth Management
Saltus, a UK wealth manager, has transferred over £9bn of client assets to SS&C Technologies' Hubwise platform to enhance its wealth management capabilities. This migration aims to consolidate technology and operations, improving efficiency and data quality while supporting growth and managing complex portfolios. The partnership reflects a broader trend in the UK wealth management sector towards technology consolidation in response to regulatory changes and increasing client demands.
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Saltus, an independent UK wealth manager, has chosen SS&C Technologies to provide its integrated platform, migrating over £9bn of client assets to SS&C Hubwise. This transition aims to consolidate technology and operations, supporting Saltus's growth and enabling it to manage increased client volumes and complex portfolios.
The platform features proprietary automation tools to streamline processes, reduce manual administration, and improve data quality. The partnership is designed to enhance operational resilience and scalability while providing advisers with better access to data and reporting. This move is part of a wider trend in the UK wealth management sector towards consolidating technology for improved service delivery amidst regulatory changes and rising client expectations.
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