Saratoga RIM Transitions to Ridgeline for Investment Management Technology Needs

INCLINE VILLAGE, NEV., July 23, 2024 - Ridgeline, the cloud platform for investment management, announced today that Bay Area firm Saratoga Research & Investment Management is the latest customer to go live.

Before the move to Ridgeline, Saratoga was hindered by managing several separate systems connected through faulty integrations. “Half of my job over the last 10 years has been just keeping all the systems straight,” says Adam Oreglia, Director of IT & Operations Specialist. “It was a huge hurdle that stalled us from being able to innovate and serve our clients.” 

It was clear they needed to change. “We recognized early on that our previous provider wasn’t going to grow with us the way we wanted to,” he explains. Still, they searched for years for an alternative that would justify making such a significant change. It wasn’t until they met with Ridgeline that the value of a move became clear. “We said, ‘Ok, they’re on to something. It’s going to be worth it.’”

Ridgeline is the first cloud-native, enterprise solution for investment management, built to help firms spend more time on what matters. Core functions like portfolio management, trade order management, and client relationship management are brought together with unified data on a single platform with an intuitive interface. Ridgeline gives everyone at a firm access — not just those with a seat license as is common with legacy systems — to the same real-time, actionable insights. Many customers are replacing up to 9 disparate software packages and a multitude of integrations in their transition from previous solutions. 

“Ridgeline is able to understand our problems and then execute on solving those — it’s absolutely unprecedented with any other company I’ve ever worked with.” - Adam Oreglia, Director of IT & Operations Specialist

Saratoga’s implementation “was almost seamless,” according to Travis Hanson, CFO & Operations Specialist. He credits the smooth transition to the strength of the partnership, saying, “Our relationship with Ridgeline is wonderful. The people are responsive, professional — it’s just awesome.”

Ridgeline CEO Dave Blair says, “Saratoga has been a fantastic partner for us. Their invaluable feedback and collaboration have truly made Ridgeline a better product.”

Ridgeline harnesses the power of modern cloud technology through a strategic partnership with Amazon Web Services (AWS) to maximize value for asset managers. Security was a top priority during Saratoga’s transition to Ridgeline’s platform. By utilizing AWS Key Management Service (KMS), Ridgeline ensured that all of Saratoga’s client data is encrypted and securely managed. KMS provides robust encryption and key management capabilities, safeguarding sensitive information and maintaining compliance with stringent security standards. This approach can help provide confidence to firms in the security of their data.

Since making the switch, Hanson and team have experienced immediate benefits and efficiencies. “Responding to client needs quicker, faster cash investments — Ridgeline gives us time back to work on things that move the business forward.”

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About Ridgeline

Ridgeline is the industry cloud platform for investment management. It was founded by visionary entrepreneur Dave Duffield (co-founder of both PeopleSoft and Workday) to address the unique technology challenges of an industry in need of new thinking. We are building a modern cloud-native platform, purpose-built for the investment management industry to empower businesses like never before. With a growing campus in Reno and offices in New York, Lake Tahoe, and the Bay Area, Ridgeline is proud to have built a fast-growing, people-first company that has been recognized by Fast Company as a “Best Workplace for Innovators,” by Frost & Sullivan as a “Technology Innovation Leader,” and by The Software Report as a “Top 100 Software Company.”

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Media contact:

Christine Switzer, Marketing and Communications