Advent Managed Services is a comprehensive solution offering enhanced technology hosting and operational outsourcing services for financial firms. It provides cloud-delivered technology, customizable workflows, and a range of middle and back-office services to help businesses drive efficiency, reduce risks, and control costs. The service allows firms to focus on core activities like portfolio management and client relationships while expert teams handle IT and operations. Key features include secure cloud hosting, customized automation and monitoring, single-provider support, and a wide sel...
Vendor
SS&C Advent
Company Website
Advent Managed Services is a comprehensive solution designed to enhance operational efficiency and reduce risks for financial firms. It combines cloud-delivered technology hosting with a range of customizable middle and back-office services. This offering allows businesses to focus on their core competencies while leveraging SS&C Advent's expertise in IT and operations management. The service provides a flexible approach, enabling firms to select from a menu of software solutions and operational services tailored to their specific needs. By outsourcing these functions, companies can reduce their IT footprint, control costs, and mitigate operational risks associated with in-house management of complex systems and processes.
Key Features
Cloud Delivery Secure and reliable system hosting with advanced capabilities:
- Guaranteed system availability
- Customized automation and monitoring
- Daily status updates on system health and processes
- Single-provider service and support
- Business continuity and disaster recovery measures
Technology Solutions Access to a wide range of SS&C Advent software on a hosted basis:
- Advent Portfolio Exchange for portfolio management and CRM
- Moxy trade order management system
- Advent Rules Manager for trading compliance
- Advent Revenue Center for client billing and revenue forecasting
Operational Services Customizable outsourcing options for middle and back-office functions:
- Comprehensive reconciliation services
- Manual statement processing
- Alternative investment updates
- Performance maintenance and validation
- Client reporting services
Benefits
Increased Efficiency Streamline operations and reduce workload:
- Reduce IT footprint and resourcing costs
- Mitigate process fatigue through automation
- Free up staff to focus on revenue-generating activities
Enhanced Risk Management Improve compliance and operational stability:
- Be audit-ready with robust performance maintenance and validation processes
- Reduce operational risks through expert management of systems and data
- Ensure business continuity with secure, accredited data centers
Improved Client Service Deliver better value and transparency to clients:
- Increase transparency with daily reconciliations
- Provide timely and accurate reporting
- Enhance overall service quality through optimized operations