Long term agreement will help CCLA improve reporting and data management
Alpha Data Solutions, part of Alpha FMC – the leading consulting firm to the asset and wealth management industry – today announces a ten-year mandate with CCLA. Under the terms of the agreement, Alpha will deploy its technology and services at CCLA to improve reporting capabilities, optimise data management processes, and enhance its operational platform.
Alpha Data Solutions’ 360 SalesVista product is the industry-leading solution for asset managers to analyse and manage their flows and holdings data in order to build a robust client book of record (CBOR). 360 SalesVista was acquired by Alpha FMC in 2017 from TrackTwo GmbH.
Such digital solutions are key to helping asset managers address the challenges associated with the sharp increase in volumes of unstructured data and data sources. The past few years have seen rising industry demand for services which help to increase asset managers’ capability to manage data more strategically in order to reduce operational and compliance risks, capitalise on their data assets and make better business decisions.
Nick Baker, Alpha FMC’s Global Chief Commercial Officer and head of Alpha Data Solutions, commented:
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“Winning this mandate from CCLA is a very exciting development for Alpha Data Solutions. This long-term contract illustrates the value that we and our clients see in the 360 SalesVista product and signing CCLA as a new client further validates our strategy to take this industry leading solution to a much broader market. I am very pleased to welcome CCLA as a new Alpha Data Solutions client.”
Elizabeth Sheldon, Head of Change at CCLA commented:
“We are delighted to be entering into a long-term relationship with Alpha Data Solutions. A successful implementation of 360 SalesVista will lead to significant improvements in our reporting capability and will underpin a strong operational platform for the future.”