I want to take a moment to echo Pete Hess’ sentiments of enthusiasm and hope for our future as part of SS&C, and reaffirm our commitment to Advent’s Geneva. We truly believe in our shared future and are committed to delivering on our promise to our clients to help them succeed.
As head of solutions and client experience for the institutional and alternative asset management markets, I can confidently say, we are building for tomorrow. Our mission has never faltered – to transform the investment management industry with innovative solutions and services. With that in mind, I want to reiterate our commitment to Advent’s Geneva and paint a picture of where we are going.
Since its inception, Geneva has evolved to address a wide spectrum of business needs – from front office decision support and portfolio management, middle office automation through trade capture and reconciliation, to full portfolio, fund and investor accounting and reporting. We have invested and are continuing to invest in research and development to keep it a leading solution for the world’s most dynamic investment managers. Geneva product development, along with integration with SS&C capabilities which we are actively pursuing, is full force ahead – we’re expanding our functionality and our global footprint to so that both our current and future clients will reap the benefits.
Our clients have been at the forefront of driving the direction of Geneva’s product development and value of our semi-annual releases. Most notably, Advent Direct Community has been instrumental for collaborating and connecting with our clients on product ideas and business priorities. To match market changes and our clients’ unique business needs, we are developing and polishing capabilities that can help our clients consolidate multiple platforms and eliminate cumbersome workarounds and manual processes. We are progressing enhancements to optimize handling of private equity investments, adding greater flexibility in accounting for swaps, bank debt, FX and global fixed income, and have broadened Geneva’s fund accounting capabilities to include hybrid fund structures.
We recently added hosting capabilities so that we can offer our clients a simplified experience and give them more time to focus on what they do best, by doing what we do best. If our clients feel they have realized a true return on their investment with us, then we have done our jobs right.
Coming out of last week’s acquisition close, I didn’t think I could be more excited about the direction of Advent products and the addition of complementary SS&C capabilities and support. Then last Thursday, Geneva was awarded Best Accounting Provider in the 2015 Waters Ranking by our clients and industry peers, which is a true honor. It re-affirms that we have been providing unparalleled value and has energized us as we move forward as part of SS&C. We have been a trusted source of investment management solutions, and we intend to remain so with the support and collaboration of the broader SS&C organization.
I personally cannot wait to see the places we – Advent, SS&C, and our clients – will go.
Robert joined Advent in 2001 and now leads the global solutions management and client experience teams for the institutional and alternative asset management market group. Responsible for designing solutions on and around Advent’s award-winning portfolio accounting platforms and ensuring that Advent’s solutions continue to keep pace with the rapid change in the market, Robert is also chartered with making sure our clients get the full value of their relationship with Advent through superior service and support.