Advent Custodial Data

Straight Through Processing with Custodians

Advent® Custodial Data (ACD) consolidates account level information from more than 450 custodians for reconciliation and posting into Advent’s Portfolio Management & Reporting module. Data is trade-date based and available before the market opens on T+1. Data is available through a single, secure internet connection to Advent. Key features of ACD are:

Data translation software and dedicated customer support
Compatibility with Advent’s solutions, custodian systems and evolving industry standards
Consolidated account data from custodians into a single, secure download
Easy web-based access to additional data feeds

Grow the Business without Increasing Costs
ACD enables firms to efficiently reconcile accounts through a single, standard, Advent-supported solution. Firms can reconcile positions, transactions and cash activity on an exceptions-only basis or firms can post directly into Advent Portfolio Exchange. With efficient reconciliation, firms can maintain accurate cash and securities balances, reduce settlement risk, produce client statements earlier and ensure compliant trading. In addition, they can cost effectively grow their business, with the flexibility to add new accounts or to establish relationships with new custodians.

(Available only in North America)