Sapient to Deliver Advent Certified Integration Services for Geneva®, a Comprehensive, Firm-wide Portfolio Accounting Solution
Sapient Global Markets, part of Sapient (NASDAQ: SAPE) and a leading provider of services to today’s institutional, financial and commodity markets participants, is pleased to announce that it has been selected as a Premier Alliance Partner by Advent Software to provide robust solutions that complement and enhance the core capabilities of Advent’s offerings. Alliance Partners offer a broad array of systems, software, business information, and other important services uniquely adapted to meet the needs of the Advent client community.
As an Advent Certified service provider for both on-shore and off-shore global delivery, Sapient Global Markets is strategically aligned with Advent’s Professional Services capabilities. Sapient is uniquely positioned to provide a complete and comprehensive suite of services, including implementation upgrade, migration, process automation, custom development, and application management.
With more than 4,500 client firms, Advent has established itself as a leading provider of mission-critical applications to meet the demands of investment management operations around the world,” said Chip Register, SVP and managing director of Sapient Global Markets. “Advent’s product development process is guided by a formal validation process, where they meet with clients and prospective clients to fully understand their business operations, their software needs, and the challenges they face in the market. Advent’s approach to business dovetails nicely with Sapient’s, so this relationship is a win-win for clients of both organizations.”
As a strategic advisor to members of the global financial and commodity markets community, Sapient Global Markets helps clients to navigate a complex and ever-changing regulatory, operational and technology landscape,” said Todd Gottula, svp and general manager of global accounts, Advent Software. “Sapient’s ability to seamlessly deliver services to support both information technology as well as the requirements of the business is what sets them apart from others in the marketplace. They are very well-respected in the industry so we were eager to partner with them towards a common goal.”
Advent Software provides reliable, trusted solutions to investment management organizations of all sizes and strategies. Its proven solutions can improve operational efficiency and reduce risk. Geneva®, a global investment management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real-time data. Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.
Sapient Global Markets is uniquely focused on trading and risk management and offers deep practitioner-based expertise to help clients grow and transform their business. As a strategic advisor to members of the global financial and commodity markets community, Sapient provides a comprehensive offering to its world-class clientele through practitioner led advisory, analytics, technology and process services. Sapient helps customers navigate regulatory change, valuation and risk management challenges. Through its relationship with Advent, Sapient will apply its project management expertise to deliver Geneva software and system projects.