“We can be much more efficient operationally by utilizing Advent Outsourcing Services.”
“We can be much more efficient operationally by utilizing Advent Outsourcing Services.”
2 Pagesadvent.com | [email protected] Ativo moves to Advent Outsourcing Services with APX in the cloud The name “Ativo” implies “active,” and that is how Ativo Capital Management describes itself: Actively investing worldwide. More than 80% of the firm’s approximately $2 billion AUM as of 2017 is invested outside the US, on behalf of an institutional clientele that is entirely domestic. Launched in 2001, Ativo originally used SS&C Advent’s Axys® for portfolio accounting and reporting. The firm later switched to a competitor, but by 2015 found itself outgrowing that system. “Primarily, we needed a more powerful portfolio accounting engine that could handle a greater variety of transactions, especially international,” explains Operations Manager Patrick Cunningham. “We also need
