Since its inception in 1983, Advent Software has been focused on helping its clients make better informed decisions to work more productively, serve their clients more effectively, manage and minimize risks, and comply with complex regulations. “Since being acquired by SS&C Technologies in July 2015 [NASDAQ:SSNC]—a global provider of financial software and software-enabled services—we’ve been able to strengthen our commitment and ability to streamline trading workflow by leveraging SS&C’s vast global portfolio of technology applications and services,” says Hess. The SS&C-Advent partnership allows portfolio managers to make intelligent trading and investment decisions and provides the traders with the tools to effectively implement them. “Together with SS&C, we also handle all the post-trade accounting and reporting that an investment management firm needs,” says Hess. Committed to providing innovative solutions to financial services organizations worldwide, SS&C Advent delivers a suite of products—comprised of the Moxy solution, coupled with Advent’s portfolio accounting, straight-through processing tools, and research management solutions—that enables clients to automate and streamline their entire investment process.
We deliver a centralized platform for executing trading decisions quickly and confidently
SS&C Advent clients benefit from the company’s highly integrated systems. For example, the Advent team recently worked with a hedge fund client that wanted to develop their operational systems while upgrading its portfolio management system. The customer leveraged Advent’s trading solutions for a comprehensive transformation; their existing portfolio accounting system was replaced with Advent’s systems for trade order management, portfolio management, and reporting. “We helped the client to reduce the number of operational errors, delivered better quality portfolio reporting, and enhanced its straight-through processing,” notes Hess.
The firm is developing an innovative new user interface, as well as adding to its rebalancing capabilities and expanding its compliance functionality in the months to come. “We are constantly focused on building new and improved capabilities to provide comprehensive solutions to help our clients gain a competitive advantage,” says Hess.