Syncova is a margin and financing management solution offered by SS&C Advent. It provides buy-side firms with powerful tools to manage and accurately account for costs associated with margin, stock borrowing, and financing agreements. Syncova features an automated and highly configurable calculation engine that enables high-quality analysis, reconciliation, replication, alerting, and reporting. This comprehensive solution helps firms stay on top of margin and financing costs at all times, giving them the knowledge needed to control costs and enhance profitability. Syncova is particularl...
Vendor
SS&C Advent
Company Website
Syncova is a sophisticated margin and financing management solution designed to address the challenges faced by buy-side firms in managing and accounting for costs related to margin, stock borrowing, and financing agreements. This powerful tool combines an automated, highly configurable calculation engine with advanced features for analysis, reconciliation, replication, alerting, and reporting. Syncova enables firms to gain comprehensive visibility into their margin and financing costs, empowering them to make informed decisions that can significantly impact profitability.
Key Features
Automated Calculation Engine Syncova's core is its automated and highly configurable calculation engine, which processes complex margin and financing data with speed and accuracy.
- Handles diverse margin and financing arrangements
- Configurable to accommodate specific firm requirements
High-Quality Analysis The solution provides in-depth analytical capabilities to help firms understand their cost structures.
- Detailed breakdowns of margin and financing costs
- Trend analysis and cost attribution
Reconciliation Syncova offers robust reconciliation features to ensure data accuracy and consistency.
- Automated reconciliation of margin and financing statements
- Integration with third-party reconciliation tools
Benefits
Enhanced Cost Control Syncova enables firms to gain a clear understanding of their margin and financing costs, leading to better cost management.
- Identify areas of excessive costs or inefficiencies
- Implement targeted cost reduction strategies
Improved Profitability By providing transparency into margin and fee calculations, Syncova helps firms minimize profitability leakage.
- Optimize collateral usage and financing arrangements
- Make data-driven decisions to enhance overall profitability
Operational Efficiency The solution streamlines margin and financing management processes, reducing manual effort and potential errors.
- Automate complex calculations and reporting tasks
- Free up staff time for higher-value activities