SS&C Announces 2H2023 SS&C Advent Product Updates Banner Image
20 November 2023

SS&C Announces 2H2023 SS&C Advent Product Updates

WINDSOR, CT, Nov. 20, 2023 (PR NEWSWIRE)SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced releases across its full line of SS&C Advent solutions, including Geneva®, SS&C Loan Data, Managed Services, and other related platforms.

“The reciprocal relationship that we have with our clients is really second to none in the industry, and it’s reflected in our products," says Karen Geiger, Co-General Manager of SS&C Advent. “We’re an experienced and stable enterprise and our goal is to equip our clients with cutting-edge technology that enables them to focus on their core competencies of generating investment returns.”

Geneva® continues to move the platform forward, ensuring it keeps pace with changing business requirements and market pressures, including continuing to invest in accounting for syndicated and private loans. This release also includes several new features for traditional closed-end and open-end funds, as well as new functionality to meet the market demand for evergreen funds that use closed-end concepts, such as tracking notional capital in open-end structures. Additionally, we’re excited to introduce the General Ledger Workspace, which provides interactive financial statements that allows for efficient query, filter, sort, and group ledger balances.

Advent Managed Services continues to enhance its Console with a new automation job-scheduler, enabling clients additional flexibility and control for automations between SS&C and third-party applications. Recently, the Managed Services Console went live in the EMEA region supporting their first EMEA client. Lastly, Advent Managed Services has begun the testing phases for intelligent workflow solutions in partnership with SS&C Blue Prism.

SS&C Loan Data provides a loan market data solution for viewing, editing, and sending agent notice data directly into downstream systems. By leveraging OCR and machine learning capabilities, SS&C Loan Data digitizes and transfer data directly into SS&C Geneva, giving clients control over the entire loan processing lifecycle. This solution provides support for both syndicated and private loans while providing complete transparency into the operations and reconciliation processing.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.

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SOURCE SS&C

Patrick Pedonti
Chief Financial Officer, SS&C Technologies
Tel: 1-860-298-4738
E-mail: InvestorRelations@sscinc.com

Justine Stone Investor Relations, SS&C Technologies
Tel: 1- 212-367-4705
E-mail: InvestorRelations@sscinc.com

 

Media Contacts

Sean Welch
PAN Communications
Tel: (407) 734-7330
E-mail: ssc@pancomm.com