Liontrust extends relationship with SS&C

The technology firm has supported the fund manager through its order and execution management system (OEMS) system since 2016.

Specialist fund manager Liontrust has doubled down on its relationship with technology provider SS&C, extending its remit to help manage the majority of its £38.5 billion in assets under management and advice (AuMa).

The move comes following the firm’s recent acquisition of Majedie Asset Management, which added £5.2 billion to its portfolio.

“Since announcing the acquisition in December 2021, we have ensured there has been a smooth transition for clients. This has been aided by the cultural alignment between the two companies, including a focus on rigorous investment processes, a commitment to being responsible investors and delivering a first-class service,” said Liontrust CEO John Ions on completion of the acquisition in April 2022.

Part of this transition is the expanded use of SS&C’s Eze Investment Suite, which Liontrust fully implemented back in 2016 via the Eze OMS and Eze Portfolio Accounting, which provided a front-to-back office workflow to replace its in-house systems. The 2016 implementation itself built upon a relationship between the two firms that first started in 2012, when Liontrust started using the Eze EMS.

Since 2016, however, Liontrust has grown its AuMA by over £30 million, hence the latest extension to the SS&C relationship, which will see more than 20 further users transition onto the system.

“We are pleased to extend our relationship with SS&C to accommodate the growth in our business,” said Ross Carmichael, chief technology officer. “Eze Investment Suite allows us to seamlessly scale as our business grows. In addition, SS&C’s team provided expert support during onboarding, ensuring a smooth transition.”