Royal London Asset Management partners with Alpha Data Solutions
By Joy Dumasia
Alpha Data Solutions (ADS), a provider of data services to the global asset management industry, has announced that Royal London Asset Management (RLAM) has selected ADS to provide AuM (assets under management) and flow data management and reporting services.
ADS will provide RLAM with a single, enterprise view of accurate, granular client AuM and flow data to support RLAM’s reporting and analytic requirements across sales, marketing, client service, finance, corporate strategy, risk, and distribution operations.
RLAM chose ADS to replace its previous vendor due to its extensive data connector library of over 125 data providers, its information security capabilities, its range of supported integrations including CRM and Snowflake, and its advanced suite of analytics and reports.
Tracy Bain, COO, Distribution at RLAM, said: “RLAM and ADS share a culture of collaboration, partnership and co-innovation and the benefits of the partnership between our two firms are already visible in the accelerated implementation of the solution achieved to date. We have been impressed by the professionalism of the ADS team, the speed at which they implement, in addition to their vision for the collaboration and the ongoing investment in the solution roadmap.”
Greg Glass, Executive Director at ADS, commented: “ADS is delighted to be selected as RLAM’s strategic data services partner for client AUM & flow data & reporting. RLAM’s decision is further evidence of the burgeoning trend in the asset management industry to replace data silos with a strategic enterprise data-set, freeing up more resources to create business value from the insights that better data enables.”
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