Press release
SS&C Announces 1H2020 SS&C Advent Product Updates
WINDSOR, Conn., May 19, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced releases across its full line of SS&C Advent
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"WINDSOR, Conn., May 19, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced releases across its full line of SS&C Advent solutions, including Advent Portfolio Exchange®, Advent Genesis®, Geneva®, Moxy® and related platforms. The 20.1 release empowers locally deployed and cloud-delivered clients with leading-edge functionality.\n\n \n \n \n \n \n \n\n \n\"Client feedback has been instrumental in driving development across our solutions, resulting in a robust set of enhancements,\" said Karen Geiger, Chief Development Officer of SS&C Advent. \"We've added flexibility, scalability and new workflows. We continue to invest in our solutions to provide clients with faster, easier-to-use and more powerful functionality.\"\nHighlights of the latest releases include:\nAdvent Outsourcing Services: Advent has launched a new console to support the increasing number of clients who use Advent Outsourcing Services (AOS). Clients benefit from real-time transparency and view outsourced workflow processes at will. Real-time synchronous and trackable exchanges within the console facilitate collaboration and effective issue resolution. Additionally, clients can validate to regulators they have proven oversight of their outsourced processes.\nAdvent Portfolio Exchange® (APX): The core accounting, reporting and performance measurement application introduces a new, responsive user interface. A modernized authentication framework enables greater usability, integrations and security. Fixed income improvements, such as support for continuous callable bonds and several global accrual calendars, further extend the system's robust bond analytics. New performance measurement periods and an updated composite dispersion report will enable greater transparency and more efficient GIPS® reporting.\nGeneva®: The latest release of Geneva delivers complex counterparty reconciliation improvements for equity swaps by focusing on a user-centric swap reconciliation workspace. Geneva also has included new workflows to simplify common equity swap processing, such as re-rating hard-to-borrow securities and top-side position adjustments to bring financing in-line. Ahead of the LIBOR termination, Geneva has been preparing for new SOFR rates, including flat compounding on the index vs. the spread and lock-out days to rate look-ups. \nLumis®: T...