We are honored to be recognized in the second annual Fund Intelligence Mutual Fund Services and Technology Awards where SS&C Advent took top honors in two categories: Best Portfolio Management System and Best Technology Provider Overall.
Advent Portfolio Exchange (APX) and Geneva were both considered in the award acknowledgement for Best Portfolio Management System. Used by institutional asset and private wealth managers worldwide, APX is at the heart of a comprehensive technology suite encompassing portfolio management, accounting and reporting, performance measurement, analytics, and contact management. It is part of a best of breath suite, providing seamless integration with rebalancing, trade order creation and management, compliance, revenue management and more. Geneva has long been regarded as the gold standard in accounting for complex fund structures involving multiple asset classes, currencies and geographies. As the premiere solution for alternative assets, many traditional asset managers have migrated to Geneva, as they diversify their investment mix.
Receiving recognition as the Best Technology Provider Overall to the mutual fund industry is a huge honor. It speaks to several aspects of our business philosophy and approach, both of which are 30 years in the making. More than 15,000 users participate in our online community to exchange ideas and advice, and to contribute valuable input towards our product development roadmaps. We invest a significant percentage of annual revenue in both existing solutions and the development of new products to serve our clients evolving needs. We are also committed to delivering technology solutions that span the entire investment process and connect everyone from back-office operations to portfolio managers and executives.
The Mutual Fund Services and Technology Awards recognize the important contributions of companies that provide the vital operational functions that keep investment managers in business. Receiving each of these awards is a greatly appreciated validation of the concerted effort of a broad variety of internal teams and colleagues. Our sincere gratitude to the judges, Fund Intelligence and our many mutual fund clients who reward us every day with their trust.