Advent Software and Netik have formed a strategic alliance to integrate Advent’s Geneva and Netik’s InterView V7 software. The combined products will provide fund administrators, prime brokers and global asset managers with an integrated system for investment accounting, data management and reporting.
The Geneva software features a single unified data model that supports flexible reporting while eliminating data discrepancies between ledgers. It also provides data accessibility for a multitude of report views and real-time integration with upstream and downstream systems.
Netik’s InterView is a scalable investment hub database that enables organisations to extract, clean/repair, enrich, route and distribute information for reporting and information processing throughout a firm. The InterView web portal allows firms to track their status online in real time, as well as receive reports from Geneva at any time from any location over the web. The Investment Hub also acts as a flexible conduit for receiving, transforming, and routing transactions, reports, files and messages to and from Geneva, as well as enabling straight-through-processing between Geneva and other applications, such as trade order management systems.