London, UK – 01 December, 2021
Alpha Data Solutions (ADS), a leading provider of data services to the global asset management industry, has today 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, finance operations and distribution operations.
RLAM chose ADS to replace its previous vendor due to ADS’s extensive data connector library of over 125 of data providers, its information security capabilities, its range of supported integrations including CRM and Snowflake, plus its advanced suite of analytics and reports.
Tracy Bain, COO, Distribution at RLAM
“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
“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.”
About Alpha Data Solutions
Alpha Data Solutions is the leading provider of data services to the Global Asset Management industry with a focus on enterprise client AuM & flow data & reporting services. Its mission is to provide solutions to the growing cost of ‘messy’ data to the industry of over $1Bn p.a.
Alpha Data Solutions, a wholly owned subsidiary of Alpha Group, was established in 2017 after the acquisition of Track2 by Alpha FMC. ADS has grown organically and by acquisition and now comprises 40 data and technology professionals across its London and Belgrade offices, supporting a growing client base of over 35 firms in the global investment management industry.
About Royal London Asset Management
Royal London Asset Management (RLAM) is one of the UK’s leading fund management companies, managing assets on behalf of a wide range of clients.
RLAM’s experienced team of investment specialists manages around £159 billion of assets (as at 30 September 2021), investing across all major asset classes. Our funds are aimed at meeting a broad range of investor needs, in addition we provide bespoke solutions to meet specific objectives.
RLAM was established in 1988 and is a wholly owned and central part of the Royal London Group. Since our inception we have built a reputation as an innovative, high performing fund manager. Our track record and exceptional client service have been recognised with a number of awards. We are proud of the people we employ, the performance we have delivered and the wide-ranging group of clients we manage for.