Advent Software to Launch Integrated Global Hedge Fund Solution at SIA Technology Management Conference
Geneva 6.0 to Integrate with Advent’s Trade Order Management, Partnership Accounting and Workflow Solutions
San Francisco, May 31, 2005 – Advent Software, Inc. (NASDAQ: ADVS),
will launch a new Global Hedge Fund Solution featuring Geneva® 6.0, the
latest version of Advent’s leading global portfolio accounting
solution, on the first day of this year’s Securities Industry
Association Technology Management Conference on June 21. The new
solution enables complex hedge funds, prime brokers and fund
administrators to more effectively streamline their operations, control
operational risk and provide better client service.
In addition to Geneva®, Advent’s Global Hedge Fund
Solution also features the newly developed Workflow Manager, a powerful
integration platform that allows firms to easily and efficiently manage
the workflows and data exchange between Geneva® and other applications.
In Advent’s Global Hedge Fund Solution, Geneva® 6.0 is now fully
integrated with Advent’s Moxy® for order management, Advent Partner®
for partnership accounting and the new Workflow Manager for STP.
“With traditional assets flowing in to hedge funds and heightened
regulation currently facing the industry, hedge funds are in critical
need of managing operational risk. Advent’s Global Hedge Fund
Solution’s fully integrated suite of products for trading, investment
and partnership accounting will allow firms to minimize risk,
streamline their operations and reduce costs while managing the most
complex investments,” said Peter Hess, Advent’s senior vice president
and general manager for Global Accounts.
Advent Software, Inc., a multi-national company, has been providing
trusted solutions to the world's leading financial professionals since
1983. Firms in 50 countries using Advent technology manage investments
totaling more than US $8 trillion. Advent's quality software, data and
services enable financial professionals to improve service and
communication to their clients, allowing them to grow their business
while controlling costs.
ADVENT, GENEVA, MOXY and ADVENT PARTNER are registered trademarks of
Advent Software, Inc. or its subsidiaries. All other company names or
marks mentioned herein are those of their respective owners.
Kathleen Golden, Advent Software
Jacqueline Chen, Ogilvy Public Relations