GenevaÂ®, the industryâs premier global investment accounting and portfolio management solution, solves the complex challenges faced by global asset managers, mutual funds, hedge funds, fund administrators and prime brokers, with unmatched scalability and efficiency. In addition to its respected presence in the hedge fund industry, GenevaÂ® is also used by seven of the top 10 global prime brokers and six of the top 10 global fund administrators.
Spinnaker Capitalâs continued success was one of the drivers that led it to review its investment operations platform. Its management noted: "To achieve our goals we need a solid platform that can manage increased capacity without increasing costs, manage the more complex financial instruments we are likely to encounter, and be globally available on a 24x7 basis. Adventâs GenevaÂ® met all these requirements."
"Progressive organisations need to be confident they can rely on a scalable platform for their core investment accounting and portfolio management systems. Spinnaker Capitalâs decision to select GenevaÂ® continues to enhance our presence as a leading provider of solutions to the hedge fund community," says Hakan Valberg, general manager Advent EMEA. "We look forward to a long-term relationship with Spinnaker Capital and are delighted to have such a well renowned organisation join our growing list of hedge fund clients," he said.
"Advent is making great strides in providing global hedge funds with proven, reliable solutions that meet the needs of their complex businesses. Our goal is to continue to evolve our technology in order to offer the industry the most compelling solutions," said Peter Hess, senior vice president and general manager for Adventâs Global Accounts business.