New Entrant to Hedge Fund Service Providers Chooses Advent's Geneva

On Tuesday, February 14, VanthedgePoint Group, an integrated financial services firm specializing in services for small hedge funds, will announce its decision to license Advent Software’s Geneva, global investment accounting and portfolio management software. After evaluating four other portfolio management software providers, VanthedgePoint chose Geneva to reduce their hedge fund clients’ operational risk and make their hedge fund clients more attractive to potential investors.

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
· True multicurrency processing
· Accounting accuracy, operational efficiency and maximum service
· Comprehensive reporting from single source data
· Open architecture for seamless firm-wide integration
· Scalable enterprise technology for 24x7 operations

This announcement underscores Advent’s leading position as the portfolio management software provider of choice for hedge funds. Currently, Advent’s 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.

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