Advent Custodial Data

Straight Through Processing with Custodians

With Advent® Custodial Data (ACD), you 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. Data is trade-date based and available before the market opens on T+1. You can also access data through a single, secure Internet connection to Advent.

Key benefits of Advent Custodial Data include:

• Speed time to reporting by automating data collection and custodian reconciliation
• Reduce errors by minimizing manual entry of trade details
• Access data translation software and dedicated customer support
• Ensure compatibility with Advent’s solutions, custodian systems, and evolving industry standards
• Consolidate account data from custodians into a single, secure download
• Gain easy web-based access to a continually growing network of account providers (custodians, prime brokers, fund companies)

Grow the Business without Increasing Costs

Advent Custodial Data enables you to efficiently reconcile accounts through a single, standard Advent-supported solution. You can reconcile positions, transactions, and cash activity on an exceptions-only basis or you can post directly into Advent Portfolio Exchange® (APX). With efficient reconciliation, you can maintain accurate cash and securities balances, reduce settlement risk, produce client statements earlier, and ensure compliant trading.

Interested in joining ACD as a provider of data? Contact Us.