SMArtX Reveals the Addition of Five Asset Management Platforms

Five prominent asset management firms strengthen SMArtX's model marketplace as the SMArtX UMA Platform is extended to Fidelity Institutional, Janus Henderson, Nuveen, Renaissance, and WCM.

FREMONT, CA: "By executing continuously throughout the trading day, SMArtX is able to more accurately represent trading strategies in client accounts," stated Jonathan Pincus, the President and COO of SMArtX. "This kind of efficiency, coupled with the inherent scale offered by UMA platforms, provides both asset managers and their clients with a powerful resource for driving more positive outcomes."

The architect of the SMArtX turnkey asset management platform (TAMP), one of the leading providers of unified managed accounts (UMA), SMARrtX, revealed that there are now 25 strategies available on its UMA platform by some of the most prominent asset management firms in the industry. Fidelity Institutional, Janus Henderson, Nuveen Asset Management, Renaissance Investment Management, and WCM Investment Management added new strategies as part of their already significant presence on the platform. One thousand one hundred ninety-eight asset management strategies are currently available on the platform from 288 asset management firms.

SMARTX's technology has been applied in several ways to maintain the company's growth. For example, custom platforms are built to cater to hybrid broker-dealers and off-the-shelf TAMP offerings for individual RIAs. These solutions are delivered through APIs to meet the requirements of large enterprises and RIA platforms.

"These venerable asset management firms can decide to distribute their strategies anywhere," remarked Evan Rapoport, the Founder, and CEO of SMArtX Advisory Solutions. "We are privileged to feature these establishments and their strategies as we continue to expand our UMA solutions to more and more enterprise firms, which provides the greatest scale and opportunity for strategy distribution."