Advent Custodial Data

Straight Through Processing with Custodians

With Advent® Custodial Data (ACD), Advent clients can consolidate account level information from more than 800 custodians and funds for reconciliation and posting into one of Advent’s portfolio management and reporting modules. Custodians push files to Advent nightly via FTP.  Data is trade-date based and generally available before the market opens on T+1. 

As a certified ACD Interface partner, custodians can be part of the largest custodial data consolidation network available in North America. 

Key benefits of becoming an Advent Custodial Data custodian partner:

• Put your company on a level playing field relative to your competitors
• Lower your internal costs for developing and supporting point-to-point solutions for the segment of your clients using Advent portfolio accounting engines
• Provide high-quality data via an interface that will not only support multiple asset classes and multicurrency accounts, but will be compatible with all of Advent’s accounting solutions.
• Increase customer satisfaction and retention rates.
• Attract new business.  Advent has thousands of clients using ACD to consolidate data from custodians.  In many cases our clients look to place assets only with custodians who support their operational success. 

Best of breed data delivery, efficiently and securely

Every ACD Interface is developed according to industry best practices and in cooperation with partner custodians.  The process entails a brief discovery period with custodians followed by a well-defined development and testing process.  Every Interface undergoes rigorous testing to ensure sound data quality before it can be released to market.

Advent strives to achieve the highest level of participant confidence in the privacy and security of investor account information.  We operate a Tier IV, SAS70 Type II audited data center in accordance with Title V of the Gramm Leach Bliley Act (GLB).

To learn more, please contact Advent.