SS&C Technologies has released version 19.1 of its Advent portfolio management solutions. The Advent products, acquired in 2015, include Advent Portfolio Exchange (APX), a portfolio accounting and reporting solution that includes a new API for portfolios and token-based authentication capabilities. APX regulatory reporting is also improved. Advent Genesis, a cloud-based rebalancing, portfolio construction and trade creation platform, includes gain/loss calculations on proposed orders allowing users to monitor tax impacts, additional views for model comparisons and exposure analysis, and ability to allocate cash based on model targets. Advent Lumis, a data governance tool for Geneva, features new Rule Builder functionality.
A-Team Insight Briefs
Recorded Webinar: High noon for surveillance: resolving tension between the costs of false positives, challenges of calibration, and compliance
When it comes to trade surveillance, regulators want firms to do their own alert calibration, examine all alerts, and keep auditable records. Firms need to balance the real cost of false positives with the technical challenge and risk of self-calibrating and auto-calibrating, while compliance, IT and vendors have to grapple with the need for defensible...
Clumio, a California-based cloud-security start-up focusing on software-as-a-service (SaaS) for enterprise backup, has added Microsoft 365 to its secure backup-as-a-service, providing organisations running Microsoft 365 with a globally consolidated data protection service as the global coronavirus pandemic sees a rapid increase in ransomware attacks and email scams. The two-year old company, which in December 2019...
Now in its 9th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...