BERWYN, PA--(Marketwired - Jun 1, 2016) - Archer® today announced that it has acquired selected money manager outsourcing operations from Lockwood Solutions, Inc. The deal solidifies Archer's leadership position in the retail SMA outsourcing market. It is the latest sign of Archer's commitment to the retail SMA market, where the firm continues to invest.

A team of local employees already supporting this outsourcing business will be joining Archer in its newly expanded offices located in Berwyn, Pennsylvania.

In addition to outsourcing services, Archer will be providing the technology solution for the newly expanded client base. Over the next 12 to 18 months, any of the managers included in the transaction not already using Archer's technology will be converted to its platform. The Archer platform is a proprietary investment management solution built on today's most advanced technologies and infrastructure. Archer's multi-channel platform provides managers with expanded capabilities to target new revenue streams, making it easier to introduce and distribute new products across all channels.

"Archer's unique focus on the investment management outsourcing business and commitment to innovation provides the best of new technology for our clients and additional opportunities for our employees," said Bryan Dori, Archer President and CEO. "Archer is committed to providing solutions that enable managers to introduce new products, enter new distribution channels, and focus on investment management results. This acquisition continues Archer's investment in growth, and provides the managers with a solution to open opportunities for their own growth."

The Archer technology platform provides a total solution for investment managers, including performance measurement, workflow management, custom reporting and billing capabilities. Archer supports investment management operations with end-to-end integration of order life cycle management, monitoring and reporting. Archer's operations solution allows for the selective outsourcing of investment management support for institutional, private wealth, and managed accounts.

About Archer
Archer is a technology and services innovator for the investment management industry including institutional, private wealth and retail managers. Archer provides a fully integrated, secure cloud-based platform that simplifies the investment management process across channels allowing management firms to scale rapidly. Growth is supported with always up-to-date and accessible technology -- nothing to install, maintain on servers, or to slow down a manager's core business. Archer also uniquely offers selective operations outsourcing, providing managers the ability to control costs, gain flexibility and speed time to market. Selective outsourcing allows firms to choose services that fit their needs, so they can focus on delivering results.
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Contact Information:

Press Inquiries:
Mary Cosmides
Braithwaite Communications

Archer Contact:
Jon Anderson