Advent Integrator App™

Gathering, integrating, and reconciling custodian data with your Advent APX™ or Axys™ portfolio accounting system can be a tricky process. The process is filled with a myriad of challenges, mainly driven by the fact that you must use 8 or more Advent/SS&C products that have been cobbled together over the decades to create Advent’s morning process/data reconciliation “solution.” The challenge is compounded by the fact that not all the assets your firm directly manages or sub-manages are available through one of Advent’s data services.

The result is often manual and semi-automated steps to scrub, massage, or otherwise manipulate custodian data to meet the specific requirements of your business needs. Advent Axys and APX contain the entire history of your firm’s transactions, performance, and other critical personal and business information of your clients like groups, composites, custom reports, reporting packages, carveouts, sleeves and other unique settings that allow you to report to your internal team and your clients in the specific fashion of your company. Bottom line, Axys and APX have been setup to the exact specifications needed to run your business.

Often, the management team at your firm sees the mayhem of your morning reconciliation process and this often leads them to believe that converting to another portfolio accounting system will solve the problem. They do not understand the breadth and depth of the problem and do not respect the years, if not decades of hard work that have been invested in these systems to output the reports that make your firm unique and set you apart from the competition. In a nutshell, they want to throw the baby out with the bathwater. There has got to be a better way to make the morning process of downloading, loading and reconciling data into Axys and APX.

To solve the problem, WealthTechs has created the Advent Integrator App™ (“AIA”). AIA seamlessly integrates with our award-winning Portfolio Accounting Data (“PAD”) solution. AIA + PAD guarantees your custodian data gets into your Axys or APX system each morning, quickly, accurately, and reliably and most importantly simply; through one product with one user interface. AIA is easy to train new employees on, automate manual tasks and simplify your morning process. AIA is a well-known product used by most leading Advent Outsourcing firms, which gives you the freedom to outsource a portion or all your morning process easily and quickly.

The punchline here is that you can replace ACD, Dataport, and the other 8 confusing data and software solutions that SS&C has cobbled together over years to solve the morning process and replace them with one integrated solution: AIA + PAD! Axys and APX are excellent portfolio accounting systems, so don’t throw the baby out with the bathwater. Show your management team that the morning process can be automated, and you can regain a high level of employee productivity by switching to WealthTechs PAD + AIA solution.