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Commerce Trust Goes Live on SS&C Advent’s Genesis

Commerce Trust Goes Live on SS&C Advent’s Genesis

articleSs&c Technologies Holdings, Inc.June 4, 20263/news/commerce-trust-goes-live-on-ssandc-advents-genesis
Commerce Trust Goes Live on SS&C Advent’s Genesis

About this update from Ss&c Technologies Holdings, Inc.

WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Commerce Trust has gone live on SS&C Advent’s Genesis platform. The wealth and trust services division of Commerce Bank manages and administers over $82 billion in assets.1 Commerce Trust is leveraging multiple SS&C Advent capabilities on the Genesis platform, including portfolio management, trading, and compliance across equity and fixed income portfolios. By operating these functions on a single, cloud-native data platform, the firm gains a more consistent, connected view of its investment activities and greater efficiency across teams. At the core of the decision for Commerce Trust was a need to move away from fragmented systems and toward a more unified operating model. The cloud-native platform consolidates data into a single source of truth and orchestrates workflows across the investment operation. “Genesis has given us a modern, end-to-end data foundation that supports our operational needs today and positions us for future growth,” said Paul Zietlow, Chief Operating Officer at Commerce Trust. “Having portfolio information connected in one place enables us to operate more efficiently and make better-informed decisions for our clients.” The Commerce Trust go-live builds on strong momentum for Genesis, with more than 30 firms live or in implementation since introducing its data platform architecture in 2024. This adoption reflects a broader shift as investment managers and asset owners look to reduce complexity across their operations. SS&C responded to this shift by bringing its investment management technologies together, such as the Eze order and execution management system, under the SS&C Advent organization. Genesis is a direct result of meeting this market shift. “Firms are looking to simplify operations and get more value from their data,” said Karen Geiger, Co-Head of Wealth & Investment Technologies at SS&C. “The successful go-live at Commerce Trust, together with continued client adoption, further establishes Genesis as a foundation for firms modernizing operations and putting their data to work.” Genesis is purpose-built for investment and wealth firms overseeing managed accounts and pooled funds in complex, data-intensive environments. The solution consolidates data and supports connected workflows across portfolio management, accountin...

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