UAT said it received a patent for technology that connects external money managers to computing platforms in real-time.

The award, U.S. Patent 7,809,632, is for UAT's HiLo Engine, creates a single integrated real-time communications network between computing systems that fund companies have set up for use by subadvisors and the systems used by those subadvisors, who typically are external money managers responsible for managing certain funds or types of securities operated by or held by the fund company.

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