atomos, the advice-led wealth manager, has entered into a strategic partnership with SS&C Hubwise to offer a new platform service to the UK wealth market called ‘atomos invest’. The partnership enables atomos to offer its unique blend of investment solutions, which have been developed exclusively with WTW, to investors via digitally enabled wrappers on atomos invest.
The SS&C Hubwise partnership and overall platform offering further cements atomos’ ambition to offer a forward-looking proposition to the market – one that gives clients all the benefits of a face-to-face service combined with the convenience and accessibility of modern digital tools.
Since its acquisition and carve out by Oaktree Capital Management in May 2022, atomos has launched a new strategy which firmly positions the business as a modern, technology-led wealth manager.
Niral Parekh, atomos’ chief operating officer, said: “I believe that new age wealth management business models will focus on specialising in high quality insights and analytics that complement an adviser’s ability to enhance service and value to the end-investor. As a firm, we want to transform every possible data point of the assets our clients invest with us into insights that deliver better service. Customising our own platform solution and wrapping it around a cloud-based data warehouse simply allows us to do that at scale.
“I am so proud of the teams at atomos who have embraced the change and have worked tirelessly to help us get here. And credit to the team at SS&C Hubwise who have displayed the combined might of their businesses.
“As the wealth management industry prepares for the introduction of the Consumer Duty rules in 2023, our vision is simple: to lead the industry in delivering an exceptional client service and experience, enriching lives well beyond wealth. Our partnership with SS&C will help us make this vision a reality.”
Nick Wright, CEO, Global Investor Distribution Solutions at SS&C, said: “At SS&C, we pride ourselves on cutting edge technology combined with first class services across the spectrum of investment administration. We are very excited at the opportunity to partner with atomos to significantly improve the adviser and investor experience.”