Press release
SS&C Announces 2H2022 SS&C Advent Product Updates
WINDSOR, Conn., Nov. 10, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced across its full line of SS&C Advent solutions,
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"WINDSOR, Conn., Nov. 10, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced across its full line of SS&C Advent solutions, including Advent Genesis®, Advent Managed Services ®, Geneva®, and other related platforms.\n\n \n \n \n \n \n \n\n \n\"Financial services is a highly sophisticated, ever-changing industry, so we remain agile and steadfast in our approach to strategic investments,\" says Karen Geiger, Senior V.P. and Co-General Manager of SS&C Advent. \"We are not resting on the fact that we have been a leading provider. We will continue innovating to bring new solutions and ideas to the market, looking to solve tomorrow's problems.\"\nSS&C Advent 2H2022 Product Updates include:Advent Genesis, a cloud-native investment management platform, continues to evolve into a front-to-back solution to support seamlessly integrated portfolio management, analytics and trading tools. Recent platform enhancements are designed to deliver customized capabilities for portfolios at scale, reducing workflow durations by up to 90% and improving portfolio transparency and business intelligence. The updates address:\nEfficient incorporation of legacy positions, improved market data integration into portfolio management, scalable alignment of custom asset allocations for clients, and tighter control of custom portfolios to desired exposures.New flexible analytics capabilities enable users to review granular or aggregated information for portfolios' performance, exposure changes and portfolio activity to help identify trends and outliers and provide drill-through capabilities to understand the underlying drivers.Geneva® continues to invest strategically in modernizing its technology stack with significant investment in REST API capabilities, advancements in web-based workspaces, and adding new workflows for transaction allocation schemes and updating credit contracts. Geneva introduced:\nIncreased flexibility for performance fees, carried interest, and investor transfers.New authentication, replication, and monitoring services keep data and systems secure and reliable.Advent Managed Services continues to expand its offering to include processing and managing private and syndicate loans and exploring middle-market services for clients. With the growth in the alternative markets, there continues to be momentum to le...