Advent for Hedge Funds
Designed to Meet the Unique Needs of Hedge Fund Managers
Advent for Hedge Funds is the only alternative investment management software designed to meet the demanding, real-time operational and decision-support requirements of large, global hedge funds. Powered by Geneva®, Advent’s global investment management and accounting solution, Advent for Hedge Funds dramatically simplifies the management of complex global instruments, resulting in greater operational efficiency and lower operating costs.
The solution includes the following integrated modules:
The Power and Agility to Work Faster and Smarter
Advent for Hedge Funds gives managers of large, complex funds the speed, flexibility and functionality they need to gain a strategic advantage. With fully integrated functions for investor and fund accounting, you can focus on making investment decisions and servicing your investors.
- Speed – fast access to real-time information and timely reporting to managers and investors.
- Flexibility – to handle higher trading volume and complex instruments and strategies.
- Operational efficiency – to drive down costs and minimize operational risk.
In the challenging world of global hedge funds, count on the Advent solution to deliver the power and agility to work faster and smarter.
Reduce Operational Risk
For data and accounting accuracy, coupled with operational efficiency, Advent for Hedge Funds has no equal. Reduce operational risk and costs with real-time processing and error correction. Produce flawless profit and loss calculations with accurate accounting for equity, fixed-income and derivative securities in any currency. With Advent for Global Hedge Fund Managers the back office of a firm will earn the confidence and respect of the front office, while reducing operational risk to the firm and its investors.
Advent for Hedge Funds provides:
- Portfolio management and general ledger accounting support for a broad range of products, strategies and global instruments
- Flexible data model and real-time reporting to meet the diverse needs of the back office, the front office and clients around the world
- Integrated real-time processes – with no batch processing and no reconciliation – to reduce potential points of failure throughout the trading lifecycle
- Unparalleled data accuracy – with a fraction of the administrative effort – through dynamic error correction
- A watertight audit trail of all system changes with their associated entry or update date plus the ability to restore information as of any point in time
- Automatic allocations throughout complex master/feeder structures to derive legal entity reporting and verify NAVs
- The ability to automate the complexities of multi-class investor allocations and incentive fee calculations
Manage Your Entire Workflow
Advent for Hedge Funds delivers a complete solution for managing your entire workflow. From the general ledger to the book and tax investor allocations, you achieve precise results with far less effort.
Advent for Hedge Funds empowers your firm to truly control the investment operation, even as you grow and add fund complexities:
- Vast scalability to enable high volume global deployment with no batch processing and zero downtime
- Industry-standard tools for business process management and cross application integration to create a fully supported best-of-breed solution
- Streamlined transaction processing for even the most complex instruments, eliminating the need for manual intervention and workarounds
- A unique processing architecture designed for real-time updates, analysis, error correction and reconciliation, so that you can expand your business significantly without increasing staff
- Flexible and intuitive reporting options and enhanced data access
- Elimination of side spreadsheets and off-line accounting