Advent Software

Advent Software was an American financial software company serving investment managers, wealth managers, fund managers, and other professional financial institutions. Its systems supported functions such as portfolio management, trading and order processing, investment accounting, performance measurement, client reporting, and related operational workflows. The company focused on institutional and professional users rather than consumer financial products, building its position around specialized investment-management technology and industry relationships. In 2015, SS&C Technologies completed its acquisition of Advent Software. Advent subsequently became part of SS&C’s investment-management software and services portfolio. Because the business was integrated into its acquirer, Advent Software no longer operates as an independent public company; the later use and integration of its products and technology should be assessed through SS&C’s official materials.

Advent Software was founded in the United States in the 1980s and focused on developing specialized software for the investment-management industry. Its business developed around institutional workflows such as portfolio management, investment accounting, performance measurement, trading operations, and client reporting. Its principal customers included asset managers, wealth-management firms, and fund managers. As investment organizations sought greater automation, unified data, and more efficient reporting, Advent built a broader suite of software for investment operations and established a recognized position in the professional investment-software market. Its offerings included solutions for wealth management and portfolio operations as well as systems designed for complex institutional investment processes. In 2015, SS&C Technologies completed the acquisition of Advent Software. Following the transaction, Advent ceased operating as an independent public company, and its technology, products, and customer business were incorporated into SS&C’s investment-management solutions. Some Advent product names and capabilities may have continued within SS&C’s portfolio, but the company’s status as an independent brand and listed entity changed materially.

• 2015

  Acquired by SS&C Technologies

  [2]SS&C Technologies completes acquisition of Advent Softwaressctech.com

  SS&C Technologies completed the acquisition of Advent Software, integrating Advent into SS&C's investment management software business.

• 1983

  Company Founded

  [1]Advent Software — Wikipediaen.wikipedia.org

  Advent Software was founded in the United States, beginning to develop professional software for the investment management industry.

A professional investment management software provider for asset management, wealth management, and fund management institutions.

• Portfolio management and wealth management software

  Advent Portfolio Exchange

  A portfolio-management and wealth-management platform for advisors and investment organizations, supporting client accounts, portfolios, performance, and reporting workflows.

• Investment management and fund accounting software

  Geneva

  An investment-management and fund-accounting system for complex investment organizations and fund managers, covering operational, accounting, valuation, and related data workflows.

• 2015

  Accepting Acquisition by SS&C TechnologiesM&A

  Background

  Advent Software, as an independent investment management software company, was acquired by SS&C Technologies.

  Action taken

  Completed the merger and integrated Advent's products, technology, and business into the SS&C system.

  Aftermath

  Advent no longer operates as an independent public company, and its product capabilities continue to serve SS&C's investment management solutions portfolio.

  Source

1. 1Advent Software — Wikipediaen.wikipedia.org
2. 2SS&C Technologies completes acquisition of Advent Softwaressctech.com