SS&C has signed on a number of leading buy-side firms and financial institutions to its various automated middle- and back-office platforms.
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
The move allows the £1 billion private bank to fully automate settlement and cash movements for its UK investment funds.
The scope of the services will include order execution, settlement and asset servicing for its mutual and hedge funds.
SGSS' technology expert believes artificial intelligence products are in danger of becoming solutions looking for problems.