Vistra Fund Services selects Advent Partner World Investor and Geneva
Advent Software has announced that Vistra Fund Services has selected Advent Partner World Investor, its recently launched investor accounting and servicing solution for both onshore and offshore funds, and Geneva, its real-time portfolio management solution.
With offices in ten jurisdictions, the Vistra Group is a provider of wealth protection services and cross-border structuring for private and institutional clients. Based in the firm's Luxembourg and Jersey offices, Vistra Fund Services specialises in structuring and administrating alternative investment funds such as hedge funds, private equity and distressed land and property funds.
'We selected Advent Partner World Investor and Geneva because we needed a robust, fully integrated and reliable platform to accommodate high standard of service we want to provide to our clients,' says Bart Deconinck, chief executive of the Vistra Group. 'We have seen an increase in demand for bespoke and high quality hedge fund administration services and reporting for both existing and potential clients. Advent's long and successful track record as a market leader in the space made them the only option for us, and will attract quality investors onto our books.'
Hakan Valberg, senior vice president and general manager, Advent Software EMEA, says: 'We are very pleased that Vistra Fund Services has selected Advent Partner World Investor and Geneva to support their future growth. The seamless integration of the two solutions helps funds of all sizes and complexity achieve greater accuracy, support both onshore and offshore investors and meet comprehensive reporting requirements. Together, Advent Partner World Investor and Geneva provide the solid infrastructure that firms need to manage and grow their business.'
Advent Partner World Investor is a single source solution for onshore and offshore investor accounting and servicing. It integrates with Axys, APX and Geneva. This product is specifically designed for hedge funds, family offices, fund administrators, and accounting firms that face the complex and time-consuming task of consistently and accurately accounting for and reporting on investor contributions and redemptions, capital gain/loss and income allocations, and management incentive fees.
Geneva is an investment management and accounting platform for asset managers, hedge funds, fund administrators, prime brokers and mutual funds.
- By Category
- News from other sites
- Special Reports
- Partner events