Technology

Digital Digest: The Latest Tech News – TrinityBridge

Editorial Staff 18 March 2025

Digital Digest: The Latest Tech News – TrinityBridge

The latest technology news in the wealth management sector from around the world.

TrinityBridge, formerly known as Close Brothers Asset Management, has just announced a £35 million ($45 million) investment programme to upgrade its technology and operations infrastructure. Designed to enhance both the client and colleague experiences, this investment will be important in enabling TrinityBridge to deliver its objectives.

Central to this investment is developing a new investment platform. TrinityBridge said it is partnering with SEI to adopt the SEI Wealth PlatformSM (SWP) and the SEI Data Cloud, while also implementing Objectway’s Portfolio Management Solution and outsourcing order execution activities to Winterflood Business Services (WBS). Additionally, to strengthen its platform solution, TrinityBridge said it is partnering with Snowflake and adopting Microsoft Azure integration services for data and integration services.

The firm’s technology investment will also be used to bolster its HR, finance and risk systems, whilst facilitating migration of its data centres to Microsoft Azure which will provide access to the latest development and data science tools. Meanwhile, the firm is dedicating an additional portion of its funds to enhance the digital experience for colleagues and clients. Specifically, it is focused on differentiating its client experience, and improving front office productivity through digital and artificial intelligence solutions, the firm said in a statement.

“This investment in our business operating model and technology solutions marks an incredibly important moment in the start of our journey as an independent, standalone business, and will be key in helping us deliver our growth strategy,” Gregg Clarke, chief operation officer of TrinityBridge, said.

Oaktree Capital Management, a US-headquartered firm, completed its purchase of Close Brothers Asset Management in March. The firm has teams and offices across the UK, from Chichester to Edinburgh and Bristol to London.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes