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30 September 2020

HFM Awards Celebrate Geneva® for Best Fund Accounting and Reporting Software

SS&C Advent Geneva® is grateful to be recognized as Best Fund Accounting and Reporting Software by the HFM US Services Awards. For more than a decade, the ceremony has recognized excellence in service providers through a rigorous and thorough judging process that is based on unique innovation, service delivery, and business performance. Geneva is proud to be leading the way in supporting streamlined operations for hedge funds with a modern portfolio accounting and management platform.


Exceptional Innovation and Service Delivery:

With two annual releases, SS&C Advent’s Geneva is continuously reinvesting in solutions and services to keep our clients ahead of an ever-evolving global marketplace. We actively solicit and incorporate client feedback into our product roadmap; over the last 12 months, our solutions have demonstrated exceptional innovation that struck a chord with the judges. Some examples of these include:

  • Modernizing the user experience and workflows with new workspaces that streamline data access and simplify manual tasks currently requiring multiple steps and screens to complete.
  • Leveraging machine learning and artificial intelligence in Advent Lumis®, our data governance tool to simplify and expedite exception reviews, remediation and, reconciliation.
  • Distributing data in a more efficient yet flexible manner through event-driven, real-time delivery of data with the help of Geneva SmartSync.

With these enhancements, our goal is to make our clients’ experience more streamlined, whether through user-centric workspaces that deliver data efficiently, or by delivering powerful technologies through an extensive operational and managed services platform with Advent Outsourcing Services. 



Business Performance Under Challenging Times

The dual impact of both the global health crisis and market volatility in the last six months are driving investors’ interest in hedge funds. To stay competitive in a rapidly evolving market, fund managers need a technology infrastructure that enables them to meet the growing demand for asset diversification, while optimizing workflow efficiency, and operational performance. Geneva is at the core of our integrated ecosystem of automated solutions, spanning a full range of capabilities, from trading to performance measurement to risk management and compliance.

Furthermore, 2020 is also a crucial year for alternative investment managers as they transition away from LIBOR. Due to the fluidity of decisions around the LIBOR transition, we are monitoring the situation closely with clients and other industry partners and remain agile in our development approach to best support our clients through this change.

Finally, we are thankful to HMF and the judges to be showcased as a leader in fund accounting and reporting software within such a competitive industry. If you would like to find out more about our Alternatives solutions, please request a personalized demo today.