SS&C Technologies has rolled out an upgrade to its SS&C GlobeOp Geneva service for fund administration.
Geneva 15.2 reportedly includes benefits gained from SS&C acquisition of Advent, announced in February.
The upgrade is intended to improve operational workflows and to provide greater efficiencies. Accounting workflows for swaps and bank debt have been further streamlines, and instrument support for emerging markets has been improved.
According to SS&C, the upgrade is a reaction to the changing demands of fund administration clients, which now require scalable operations for more complex asset strategies.
Bob Schwartz, chief technology officer of SS&C Technologies, said: “We invest in upgrading and enhancing our infrastructure and technology and – because we own the technology behind the services – we are able to respond more quickly to evolving customer needs.”
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