Advent Software, a provider of software and services for the investment management industry, has received two awards from Hedgeweek for its portfolio management and fund accounting solution Geneva.
Geneva was named Best Managed Account Platform Technology and Best Fund Accounting and Reporting System.
Geneva offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools enabling firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.
"We continue to enhance the depth and breadth of Geneva, and the new middle office functionality that we’ve been adding to the product particularly shows Advent’s growing commitment to the asset management and hedge fund communities in Europe and the Middle East," says Tom Zdon, vice president of global accounts, solutions consulting and business development at Advent.
"Advent takes very seriously our role as a trusted technology partner and we are committed to delivering mission-critical solutions that address and meet the business needs of the buy-side community. We are very proud to receive these awards, which underscore the position of Geneva as the industry-leading solution in the market, in particular in the managed accounts space."
The Hedgeweek Awards come as a result of an extensive reader survey which assessed the best hedge fund performers and service providers during 2009. The category winners were decided exclusively by readers of Hedgeweek.
