SS&C Technologies has launched a revamped cloud-based recordkeeping operating platform for buy-side firms that will offer real-time data capabilities.
SS&C Lyric, a new cloud-based platform will encompass customisable user experiences, rapidly deployable microservices, event-driven integration and a leading data platform.
The new operating platform will be on offer for SS&C’s vast buy-side community including asset managers, superannuation funds, and retirement recordkeepers, as well as broker-dealers.
“We are pleased to introduce Lyric, the next generation of SS&C’s industry-leading global recordkeeping solution. This transformation initiative will revolutionise how we service our clients and their underlying investors, advisors and industry partners,” said Nick Wright, general manager of SS&C Global Investor and Distribution Solutions (GIDS).
“Among many exciting new features, Lyric incorporates state-of-the-art user portals and completely reimagines data visualisation and reporting to provide a robust and scalable foundation for the future.”
SS&C’s stated migration onto the Lyric platform is underway across its suite of global recordkeeping solutions.
The new platform is the latest innovation from SS&C Technologies after it launched GIDS, its new-look transfer agency and investor services platform last year.
Following the launch, SS&C has won several high-profile transfer agency mandates from the likes of Aberdeen Standard Investments, Davis Advisors and Janus Henderson.