SS-C-ADVENT
SS&C Advent asset management / capital markets platform.
Definition
SS&C Advent refers to SS&C Technologies Holdings Inc. (Windsor CT, founded 1986, listed NASDAQ SSNC + ~$5B+ revenue + ~25000+ employees)'s investment management technology solutions resulting from 2015 Advent Software acquisition $2.6B (Advent founded 1983, Geneva PMS + Axys + Moxy OMS + APX accounting flagship platforms), focus mid-tier asset managers + hedge funds + private wealth managers globally ~7000+ customers via various SS&C platforms. Platform + workflow + integration multiple buy-side + sell-side financial services institutions + asset managers + hedge funds + insurance + pension funds + capital markets multi-asset class trading + portfolio management + risk + compliance + reporting + multiple ecosystem integrations FIX + SWIFT + ISO 20022 + custom APIs + data vendors integration mature platforms decades-deployed enterprise scale.
Origin
SS&C founded 1986 ; Advent Software founded 1983 ; SS&C acquired Advent 2015 $2.6B ; ~7000+ customers via SS&C platforms 2024.
Example in context
Mid-tier asset manager $50B AUM uses SS&C Advent Geneva PMS + APX accounting platform: portfolio management workflows + custody + accounting + performance reporting + compliance all integrated single platform, complementing larger BlackRock Aladdin + SimCorp Dimension competitors for smaller institutions or specific use cases.
Related terms
- SimCorp Dimension — competitor investment management.