Advent Software has unveiled a major new release of Geneva, its award-winning global portfolio management and fund accounting solution. With the 8.5 enhancements, Geneva is one of the only solutions available that provides portfolio through fund and investor-level accounting on a single platform and extends the product’s portfolio management functionality into the front- and middle-office, making it a compelling offer for alternative investment firms worldwide.
Geneva 8.5 includes integrated solutions that meet the needs of new market segments, including family offices, private equity firms and fund-of-funds, and are available on a single platform to help simplify operations and reduce total cost of ownership. By extending capabilities into the front-office, Geneva® makes real-time data accessible to traders and portfolio managers, providing increased transparency and enabling informed investment decisions.
Key enhancements to Geneva include: real-time P&L and exposure views that allow firms to make important, strategic business decisions without delay; simplified tools to easily build, customise, and deploy dashboards and reports; unparalleled data access and the ability to deliver exceptional client service using industry-standard reporting tools; private equity support, including capital commitment and call processing, waterfall calculations and capital distributions, which enable firms to increase their diversification of funds; n-Tier fund structure support, to make it easier to set-up and manage complicated, multi-tiered fund structures; and fully integrated investment and investor accounting support on a single platform, which lowers total cost of ownership by reducing operational overhead typically required to maintain and integrate disparate systems
“We simplify the processing and management of complex assets so firms can stay focused on making the best investment decisions for their clients,” says Todd Gottula (pictured), Senior Vice President and General Manager of Global Accounts at Advent. “Geneva 8.5 is another milestone in our ongoing effort to develop and deliver a complete portfolio management solution to help professionals at every level, at all types of firms, be successful.”