After adopting Geneva, hedge funds reported cost savings of up to 40% across their operations. Additionally, hedge funds can anticipate the following benefits:
. Complete coverage of all instruments and all transaction types
Â· True multicurrency processing
Â· Accounting accuracy, operational efficiency and maximum service
Â· Comprehensive reporting from single source data
Â· Open architecture for seamless firm-wide integration
Â· Scalable enterprise technology for 24x7 operations
This announcement underscores Adventâs leading position as the portfolio management software provider of choice for hedge funds. Currently, Adventâs industry-leading customer base includes 15 of the largest 25 hedge funds, 8 of the top 10 global prime brokers and 8 of the top 10 global fund administrators.