The New York-based boutique broker-dealer will use web-based performance reporting to enhance internal processes and client services.
It will use SS&C’s capabilities as part of a hosted middle-to-back office platform, offering clients high quality analysis while reducing internal technology costs with hosted software.
Carl Lang, chief technology officer at Albert Fried & Company, said: “Over the past several years, we have seen impressive growth in our prime brokerage business.”
“SS&C enables us to deliver sophisticated client service with state-of-the-art web-based wealth management data-driven technology, performance and client reporting.”
Bill Stone, chairman and CEO of SS&C Technologies, said: “We are committed to serving the broker-dealer community and are proud to add Albert Fried to our list of broker-dealer customers.”
“We’re confident that our leading technologies will help them better serve their clients and streamline their operations.”