TrinityBridge, formerly known as Close Brothers Asset Management, has announced a £35m investment programme to upgrade its technology and operations infrastructure.

As the firm begins its life as a standalone business, a central focus of this investment will be on the development of a new investment platform.

TrinityBridge is partnering with SEI to adopt the SEI Wealth Platform and SEI Data Cloud, alongside the implementation of Objectway’s Portfolio Management Solution and outsourcing order execution activities to Winterflood Business Services.

Meanwhile, in an effort to strengthen its platform solution, the firm is partnering with Snowflake and adopting Microsoft Azure to provide access to development and data science tools.

The firm is also dedicating an additional portion of its funds to improve the digital experience for clients and staff, focusing on differentiating its client experience, and improving front office productivity through digital and AI solutions.

TrinityBridge said that the investment would be key in enabling the firm to deliver its strategic objectives and achieve its ambition to be “the best place in the UK for wealth management professionals and their clients”.

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

“Clients are, and always have been, core to our business and this investment will be game changing for their experience.

“By leveraging industry leading technology, we can enhance our proposition while also maintaining the high-quality service that has always been central to our approach.

“At the same time, it will also transform the way our colleagues work - streamlining processes and equipping them with the most up-to-date systems.

“I am excited about the future of TrinityBridge and would like to thank all our colleagues who are helping to deliver on this.”

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