Sun, Jul 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Advent enters into agreement with SuperDerivatives to provide pricing and analytics services to Geneva clients

Friday, July 02, 2010
Opalesque Industry Update - Advent Software, Inc., a leading provider of software and services for the global investment management industry, today announced that it has entered into an agreement with SuperDerivatives, Inc. to offer their multi-asset web analytic system and revaluation services to clients of Geneva®, its award-winning portfolio management and fund accounting solution.

SuperDerivatives is a leading derivatives solution provider. It provides real-time pricing for simple and complex derivatives instruments through its unique pricing models.  SuperDerivatives' products cover the spectrum of derivatives usage, including real-time pricing and analytics platforms, risk management systems, portfolio revaluation services, options market data portal and an online trading platform.

Advent will develop an integration accelerator based on the layouts, formats, and instrument constructs of the revaluation pricing services provided by SuperDerivatives.  The accelerator will enable clients to feed this data directly into the Geneva® application via Advent’s Workflow Manager Integration Tool.  In teaming with SuperDerivatives, Advent will be able to offer clients a single cost-effective, automated interface for providing OTC derivatives pricing data into Geneva®.

“Advent is very pleased to provide our Geneva® customers a turnkey pre-integrated revaluation solution through this new relationship with SuperDerivatives,” said Chris Momsen, Senior Vice President and General Manager of Global Accounts at Advent. “This marks another step in our efforts to continue building out middle-office functionality in Geneva®, and demonstrates our ongoing commitment to delivering further value for our clients.”

Zohar Hod, Senior Vice President for Business Development and Strategic Sales at SuperDerivatives, commented, “We are delighted to be working with Advent; our web analytic application and revaluation service for derivatives are ideally suited to the needs of their Geneva® client base comprised of hedge funds, asset managers, prime brokers, and fund administrators.  SuperDerivatives' accurate pricing and valuation for the broadest range of OTC derivatives combined with the Geneva® platform, will deliver the optimal derivatives management tool for their clients.” Corporate website: Source

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner