SS&C Technology Holdings (NASDAQ:SSNC) has announced the year’s second round of product releases from its Advent solution suite.
As quoted in the press release:
Geneva®, Advent Portfolio Exchange® (APX), Moxy®, Tamale®, Tradex® and more are used by over 1300 locally deployed and outsourced customers. Development in the latest release centered on improving operational efficiency and streamlining financial reporting for local and global compliance requirements.
“We were able to deliver important functionality such as addressing support for MiFID II and taking a proactive approach to the European Union’s General Data Protection Regulation (GDPR),” notes Robert Roley, General Manager SS&C Advent. The release also delivers on two recently announced solutions: Advent Lumis,™ a new exception management and workflow solution for Genevausers, and Advent Genesis™, a rebalancing and portfolio construction solution.
Geneva & Geneva World Investor
The 17.2 release of Geneva focused on streamlining workflows, such as automating cash settlement of options, and adding calculation flexibility for swap investments needed to ease counter party reconciliation. In addition, the Geneva Enterprise Information Store™ has been enhanced to cover a broader set of data. Geneva World Investor brings new options for subsequent close processing while also answering key open-end liquidity needs by extending granularity and transaction operations.
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