SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that its Advent Software business unit was awarded "Best Portfolio Management Solution" at the 2015 Systems in the City Awards.
Managed by Goodacre UK, one of the leading specialist consultancies for the securities industry, the Systems in the City Awards recognize service and system suppliers for the regulated financial services sector. Nominees and winners were selected by an independent panel of judges.
"We are delighted to once again be recognized in the Systems in the City Awards as a leading solutions provider for asset and wealth managers," said Pete Hess, Senior Vice President and General Manager. "The investment management world is constantly changing, with increased regulation and more sophisticated businesses, requiring firms to further improve efficiencies in order to stay competitive. Technology is a key component in successfully managing these variables and we work hard with our clients to provide world class solutions and world class support."
SS&C's Advent offers a number of scalable software solutions designed to address mission critical front and back office needs for buy-side investment managers, allowing them to increase operational efficiency, accelerate decision-making, improve client service, and free investment managers to focus on what they do best. As part of SS&C, Advent continues to support, enhance, and expand its full suite of award-winning offerings, including Geneva®, Advent Portfolio Exchange® (APX), Black Diamond®, Tamale®, Moxy®, Axys®, and their related products and services.
Stephen Pinner, Managing Director, Goodacre UK, acknowledged the winners saying, "Technology is now a vital component to the regulated financial industry. The companies and individuals responsible for the provision of these services rarely get the credit they deserve for supporting one of the most important sectors of the economy. These suppliers work incredibly hard to maintain the quality of their services and are very much the unsung heroes of the investment business. These awards recognize their efforts, ingenuity, and innovation."
Advent adds this award to a long list of accolades it has earned over the last 12 months, including: Best Fund Accounting and Reporting Software Provider, MENA Fund Manager Fund Services Awards 2015; Best Client Communications & Reporting and Best Portfolio Management solution, WealthBriefing Switzerland & Liechtenstein Awards 2015; Best Portfolio & Accounting Solution 2015, The Hedge Fund Journal; European Back & Middle Office Provider of the Year 2014, Funds Europe Awards; Best Portfolio Management Solution and Best Client Communications and Reporting Solution, WealthBriefing GCC Regional Awards 2014; Best Buy-Side Portfolio Accounting Platform and Best Buy-Side CRM Platform, Buy-Side Technology Awards 2014; Best Fund Accounting and Reporting Software, HFM US Hedge Fund Services Awards; and Best Technology Provider, Investment Week Fund Services Awards 2014.