SS&C Releases Second Round of 2017 Product Upgrades

9 November 2017

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the year's second round of product releases from the SS&C Advent solution suite. Geneva®, Advent Portfolio Exchange® (APX),  Moxy®, Tamale®, Tradex® and more are used by over 1300 locally deployed and outsourced customers. Development in the latest release centered on improving operational efficiency and streamlining financial reporting for local and global compliance requirements.


"We were able to deliver important functionality such as addressing support for MiFID II and taking a proactive approach to the European Union's General Data Protection Regulation (GDPR)," notes Robert Roley, General Manager SS&C Advent. The release also delivers on two recently announced solutions: Advent Lumis,™ a new exception management and workflow solution for Geneva users, and Advent Genesis™, a rebalancing and portfolio construction solution.

Geneva & Geneva World Investor  
The 17.2 release of Geneva focused on streamlining workflows, such as automating cash settlement of options, and adding calculation flexibility for swap investments needed to ease counter party reconciliation. In addition, the Geneva Enterprise Information Store™ has been enhanced to cover a broader set of data. Geneva World Investor brings new options for subsequent close processing while also answering key open-end liquidity needs by extending granularity and transaction operations.

Advent Portfolio Exchange (APX)  
APX has addressed global regulatory initiatives that add further flexibility to protect personal identity information for the European Union's GDPR. It also adds new fields to allow greater insight into research fees allocated to individual transactions and 10% depreciation reporting for MiFID II. Enhancements to the CRM include new types of contact relationships, enhancing accuracy, automation, and reporting on client relationships.

Moxy and Advent Rules Manager  
These solutions received regulatory improvements related to MiFID II. Included are the unbundling of research fees from commissions, enhanced timestamps, relevant new fields for MiFIR reporting, and additional data points to facilitate MiFID II compliance. In addition, support was added for FIX 4.4 allowing for expansions of relevant connections as well as increased integration with TCA providers. 

Syncova  
Syncova has a new rules-based financing mode providing more flexibility to calculate and replicate complex prime broker financing terms. The Syncova Treasury Portal, which provides transparency into key counterparty activities, now offers web access to key reports as well as the a data mining tool supporting custom data queries on the fly. In addition, 17.2 includes a new upgrade tool to help streamline and safely guide users through the process.

Tamale  
Tamale RMS introduced a new query tool in Tamale Web that allows users to unlock more data and combine data points in a single view. Improvements also include new dashboards and visualizations such as grids and charts so that users can quickly access data relevant to their investment process from anywhere. The iPhone version will be available in the App Store later this month.

Tradex  
Tradex has addressed global regulatory initiatives which added flexibility for encryption and retention of personally identifiable information for the European Union's General Data Protection Regulation (GDPR). Additional features include workflows for executing Exchange Traded Funds through Moxy and expanded multi-tenancy capabilities for order matching on secondary trades.