January live date for IFRS 9 accounting standard puts spotlight on asset manager systems

Business people talking on balcony

After almost a decade in the offing, the IFRS 9 Financial Instruments accounting standard will finally become mandatorily applicable for financial services organizations as of January 1, 2018.

Why does this matter?

IFRS 9 marks a major change to the way financial instruments must be treated under the International Accounting Standards Board’s (IASB) accounting principles – principles that many markets around the world have now adopted. So it’s vital firms have the accounting capabilities to be able to comply. Read more ›

Tagged with: , ,
Posted in Advent Software, Compliance, Hedge Funds

Searching for Operational Alpha at GAIM Ops West Coast

Business people networking at conference

The term “operational alpha” crept into our industry’s lexicon a couple of years ago. Borrowing a term we use to denote -superior performance above a benchmark, this twist on “alpha” is about improving operational performance by uncovering hidden cost savings and efficiency gains that boost the bottom line. When people in our business hear the term, they get it right away. What they don’t always get is how to achieve it. Read more ›

Tagged with: , , ,
Posted in Traditional and Alternative Asset Management

AFTA Honors SS&C Advent for “Best Collaboration” with Maitland

AFTA Award

On December 4th, in a ceremony at the Marriott Marquis in New York, SS&C Advent took the honors for “Best Collaboration Initiative” in the American Financial Technology Awards. The award recognizes the culmination of an ambitious joint effort between SS&C Advent and long-time client Maitland, a global fund administrator, to develop an end-to-end solution for administering complex hybrid alternative investment structures. Read more ›

Tagged with: , , , ,
Posted in Traditional and Alternative Asset Management

Schwab IMPACT: Bigger, better, bolder


Thousands of industry professionals from all facets of the financial advisor industry descended on Chicago’s McCormick Place last week for an action-packed, highly produced Schwab IMPACT 2017, the 26th annual conference. The conference continues to grow in proportion to Schwab’s scale in the RIA space. Read more ›

Tagged with: , , , ,
Posted in Wealth Management and Financial Planning

Market lessons from Nobel Prize winners: Risk management & perceptions

Young male businessman taking notes on laptop, working with data graph, sitting in office. Business, exchange market, job offer, analytics research, excellent education, certified public accountant concept.

Behavioral Sciences, as applied to humans, focus on the systematic analysis of the psychology of judgement and decision-making. Behavioral Economics, as applied to “the economic man” or ‘Econs’ examine how investors may diverge from being consistently rational and self-interestedagents, in an attempt to derive the greatest value possible from the least amount of money. Read more ›

Tagged with: , , ,
Posted in Advent Software, Wealth Management and Financial Planning


Recent Tweets




If you have questions or would like to submit a topic you would like for us to consider covering, email us at social@advent.com.