Dai-ichi Life Vietnam Fund Management live with SS&C’s Portia
SS&C’s Portia platform now supports middle and back office operations at Dai-ichi Life Vietnam Fund Management.
Portia is a long-standing investment management solution. It came SS&C’s way in 2012 via the acquisition of the Portia business from Thomson Reuters. SS&C paid $170 million for it.
Dai-ichi Life was looking for “a proven investment management solution to support their business expansion, evolving compliance and reporting requirements”, according to SS&C.
Takashi Fujii, the fund manager’s chairman, says Portia was chosen for its “ease of use, the ability for the company to grow with the solution, proven track record in the region, and the flexibility to meet our evolving regulatory reporting obligations”.