SS&C Technologies has enhanced its offerings to improve operational efficiency and streamline financial reporting for local and global compliance requirements.
The provider of financial services software and software-enabled services has announced the 18.1 release of SS&C Advent’s product enhancements for Geneva, Advent Portfolio Exchange (APX), Moxy, Tamale, Tradex and more.
“We implemented important functionality for our clients such as addressing support for MiFID II and continuing a proactive approach to the European Union’s General Data Protection Regulation (GDPR),” said Robert Roley, general manager of SS&C Advent. “The 18.1 release delivers enhancements on two recently announced solutions: Advent Lumis, an exception management and workflow solution for Geneva users, and Advent Genesis. The latest updates to Genesis included strengthening support for householding and sleeve level re-balancing.”
Advent Genesis, a cloud-based portfolio construction and rebalancing solution, helps clients to manage models and portfolio drift and adjusts strategies efficiently. Genesis has also strengthened compliance as well as enabled an aggregation service that allows users to group holdings by any characteristics for efficient portfolio construction.
The new release also comes with new accounting features such as the XIRR calculation to provide additional performance reporting flexibility across all investment types. With Geneva World Investor, users can take advantage of drag-and-drop capabilities to build investor level queries and custom reports without the need for technical resources.
For Advent Portfolio Exchange (APX), the latest APX release addresses inquiries from the online community and focuses on global regulatory initiatives. Specifically, new reports have been created to facilitate MiFID II compliance. To help firms address General Data Protection Regulation (GDPR) requirements, critical new data retention and security enhancements were developed.
Clients using Moxy and Rules Manager now benefit from increased connectivity in pre- and post-trade integrations with FIXLink to access global liquidity and SSCNet to efficiently manage the post-trade process.
Tamale RMS 18.1 now comes with ‘faster and more secure access to client research’, while Tradex 18.1 offers a tailored homepage based on user roles and improved connectivity, including a client’s choice of downstream systems through new additions to Tradex REST API.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
