01 August 2019

Waters Rankings 2019: Best accounting system provider: SS&C Advent

By Katherine Pearce

We’re honored that SS&C Advent has received the award for “Best Accounting System Provider” at Waters Rankings 2019 as voted by the Waters readers.  At Advent, we are committed to continuous investment in R&D, client validation and prioritization of roadmap items so that we help our users flourish in an increasingly complex and always evolving world. It’s an honor that the functionality of our industry-leading accounting solutions, Geneva® and Advent Portfolio Exchange® (APX), have been recognized.

Evolving Markets

As investment mandates shift and firms diversify into different asset classes, our solutions are purpose-built to support our clients’ evolving needs, particularly in alternative credit.  Geneva has a long track record of providing support for this growing asset class and with the latest release of Geneva, we continue to strengthen that coverage through a new user interface offering robust loan administration capabilities, streamlined workflow to facilitate complexities with interest management and support for the myriad of complex structures available including closed-end and hybrid vehicles.  Geneva is one of the few solutions in the industry that supports private credit investments right alongside all other asset classes including derivatives such as swaps. 

Seamless Front-to-Back Experience

Another of the challenges for industry participants is in achieving good data governance, management and integration. For our APX users, we have continued to deliver on a number of integration and technology enhancements to improve the seamless, automated flow of data among its components: Advent Portfolio Exchange® (APX), Moxy®, Advent Rules Manager®, and Advent Genesis.  With the recent 19.1 release clients see improvement in front-to-back process flows, whether they have some or all of the suite deployed onsite or in the cloud, via Advent Outsourcing Services.

Empowering Clients

Empowering our clients to take full advantage of the latest technology and remain vigilant in a constantly evolving market presents so many opportunities. We appreciate the investment they make in us, as their strategic partner, and extend a huge thank you to the WatersTechnology readers for this recognition. This summary in waters and the 19.1 press release share more detail on our recent work.  As we look forward to the Waters Ranking 2020, we are excited to continue to build on the success of this year with a dedicated focus on our clients.