PRNewswire/ -- Investment Control Systems (ICS) today announced that Hargreaves Lansdown (HL) the UK's largest digital wealth management service has selected ICS as their partner for investment data management, analysis and reporting.

Following a rigorous vendor evaluation and peer-review which commenced in early 2021, HL with assets under management in excess of US$185B and 1.645 million clients will be looking to extract business value from the ATHENA platform kicking off the project immediately.

"Hargreaves Lansdown provides a market leading range of research and tools to help investors build their portfolios. We are always looking to continually enhance our service to clients, and this project will help us put even better information in the hands of our investors", says Toby Hine-Haycock - Head of Funds Development, Hargreaves Lansdown.

HL will be utilising ICS ATHENA as a centralised platform for automated data management of various participants including custodians, market data vendors, risk systems and more, plus manage various functions and processes including; creation of a single source of investment data, investment reporting, risk analytics integration, post trade compliance, NAV validation, reconciliations, fact sheet production as well as ESG and sustainability reporting.

Christian Eriksen – Commercial Director of ICS says "Our unique hosted investment data platform supports investment organisations with best-in-class data and reporting tools that will provide a return-on-investment in weeks, not months or years. I would like to take this opportunity to thank all the people involved in the project from HL. This is a significant client for ICS in our mission to become a leading global investment data platform"

With the signing of Hargreaves Lansdown, ICS will continue to build on an already expanding European presence with plans to extend our team and continue to grow our client base.