“If quality and reliability of data are what matter most to you, there isn’t another provider out there that can deliver on that the way ACD does.”
Advent Custodial Data (ACD), SS&C Advent’s automated connectivity solution that enables asset and wealth management firms to receive daily data feeds from over 800 data sources, enables SS&C Innovest to serve as a data facilitator on behalf of its clients.
“We use ACD to gather data on held-away accounts for clients on our platform,” Gretchen Goode, VP, Business Integrations at SS&C Innovest, explains. “If our clients and their clients have assets in other institutions, and they want to see all their assets combined, we use ACD to pull that data into our system. And we can generate a consolidated statement or view of that data, so that portfolio managers can take a more holistic approach to their portfolios."
With ACD, SS&C Innovest is saving its clients hundreds of hours of work by delivering data directly into their systems.