SS&C's Advent Releases Second Major Round of Product Upgrades for 2015
WINDSOR, Conn., Oct. 15, 2015 /CNW/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the global release of product upgrades across its suite of SS&C Advent solutions. Marking the second major release for 2015, the roll-out includes enhancements for Geneva®, Advent Portfolio Exchange® (APX), Axys®, Moxy®, Advent Revenue Center®, Advent Rules Manager®, Tamale RMS®, and Syncova®.
As with previous releases, many of the enhancements were inspired by active client engagement and prioritization in the Advent Direct® Community, SS&C Advent's online ecosystem of clients, partners, employees, and experts. Upgrades include new features and functionality, as well as enhancements to the underlying technologies needed for seamless integration with other critical solutions.
"As part of SS&C, Advent has continued to maintain a robust investment in all aspects of our solutions," said Robert Roley, Senior Vice President, Products and Client Experience. "We are constantly evaluating ways to deliver greater value with our solutions. We do this by both listening closely to what our clients say they need to compete in today's environment, as well as anticipating where the market, industry, and technology are headed."
Geneva® - Updates to Geneva® include additional functionality to improve the accounting workflows for swap and bank debt as well as extended instrument support for emerging markets. Geneva World Investor® upgrades include new features to support additional management fee customizations for hybrid funds.
APX and Advent Revenue Center® – Significant input from Advent Direct® Community led to a range of accounting and performance enhancements providing greater visibility into private equity investments, improvements to position reconciliation, dividend processing, and cost basis handling. This release also includes increased support for regulatory reporting requirements including CRM2 in Canada, improved householding, and more granular permission capabilities. Advent Revenue Center® now includes enhancements for more effectual running of revenue shares.
Moxy® and Advent Rules Manager® - Enhancements to Moxy® focus on integration and scalability as well as community-requested improvements to the user experience and workflow. Moxy® feature upgrades include improved connectivity for post-trade allocation, enhanced commission management, and better support for custom SSRS reports. Advent Rules Manager® has been enhanced to extend portfolio access rights for users of Moxy®.
Axys® - Upgrades include an enhanced user interface, extended regulatory reporting support for CRM2, and new portfolio templates to help streamline the process of onboarding new clients.
Tamale RMS® - Upgrades to Advent's research management solution, Tamale RMS®, address usability and mobility, improved enterprise workflows, and enhancements to data management and integration.
Syncova® - Syncova® received upgrades related to improved data management, including powerful new querying and reporting capabilities.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 10,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $44 trillion in assets.
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Patrick Pedonti, Chief Financial Officer, Tel: +1-860-298-4738, E-mail: [email protected], or Justine Stone, Investor Relations, Tel: +1- 212-367-4705, E-mail: [email protected], or Media Contacts - Sarah Mason, Metia (UK), Tel. +44 (0)20 3100 3613, Email: ss&[email protected], or Megan Griffin, BackBay Communications (US), Tel: +1-617-556-9982 ext.221, Email: ss&[email protected]
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