Advent Software Wins “Best Fund Accounting and Reporting Software” at HFM US Hedge Fund Services Awards

Advent Software, a leading provider of software and services for the global investment management industry, today announced that its global portfolio management solution, Geneva®, was named “Best Fund Accounting and Reporting Software” at the HFM US Hedge Fund Services Awards 2014.  

With over 300 clients in 28 countries, Geneva® is a leading fund accounting, reporting, and portfolio management platform designed for alternative asset managers with complex international accounting requirements and/or wide instrument coverage needs. Client-driven enhancements and expanded functionality, as well as improved regulatory support, continue to make Geneva® the global investment management platform of choice in the alternative investments community. Geneva® also provides extensive client support, including a designated relationship manager, global, 24/7 follow-the-sun support, as well as access to Advent Direct® Community, Advent’s client-only portal where clients can connect, share information, and learn best practices from other Advent clients.

Advent has consistently demonstrated itself to be the strongest player in this space. The judges were impressed by the firm’s technical astuteness, innovation, and ability to grow market share. They also felt that Advent transcended strategy and AuM, saying that the firm was able to provide a sophisticated fund accounting solution across the industry. “Another impressive performance from a best in class service provider,” the judges said.

“We are honored to receive this recognition from HFM Week,” said Chris Momsen, Executive Vice President for Sales and Solution Management, Advent Software. “Hedge funds have been relying on Geneva® for over 20 years and the solution remains on the forefront of portfolio management technology. We’re proud of our longstanding leadership in the alternative investment space and the continued development of the Geneva® platform