Third Avenue Management goes live on Ridgeline’s platform
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Third Avenue Management goes live on Ridgeline’s platform 15 May 2026US Reporter: Tahlia Kraefft
Image: Toowongsa/stock.adobe.com
Third Avenue Management, a New York-based asset manager serving private and institutional clients, has gone live on Ridgeline, an investment management platform with embedded AI.
Third Avenue sought a technology partner that could streamline operations and support its long-term growth, particularly around separately managed accounts strategies.
The firm selected Ridgeline to consolidate a patchwork of legacy systems into a unified, front-to-back platform that brings trading, compliance, accounting, reporting, and client servicing into a single source of truth.
The successful implementation included STP Investment Services as Third Avenue’s managed services provider for reconciliation and post-trade operations.
STP will collaborate to support daily reconciliation and trade settlements on behalf of the firm.
Mike Warlan, head of trading and operations, at Trade Avenue, comments: “We’re excited about what having real-time data and less operational drag unlocks for our team and what we can do for clients.”
Jeff Hooks, senior vice-president of business development, STP, notes: “Third Avenue has been a valued STP client for years. We’re proud to support this next chapter as their operations evolve and they migrate to Ridgeline.”
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Image: Toowongsa/stock.adobe.com 