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SS&C Technologies Helps Vitra Gestão De Patrimônio Ltda Streamline Portfolio Management

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SS&C Technologies (Nasdaq: SSNC) announced that Brazilian investment manager, Vitra Gestão De Patrimônio Ltda, has successfully implemented the Advent Portfolio Exchange® (APX) to enhance tailored portfolio management and reporting. Vitra is utilizing Advent Outsourcing Services for cloud delivery, which allows for efficient aggregation of data across global asset classes. The APX solution improves client experiences through its advanced reporting capabilities, ensuring accuracy and timeliness in reporting processes. The implementation highlights SS&C's investment in software solutions for financial services.

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  • Successful implementation of Advent Portfolio Exchange® by Vitra, enhancing portfolio management.
  • Utilization of Advent Outsourcing Services for efficient cloud delivery.
  • Improved client reporting accuracy and speed through advanced reporting capabilities.
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WINDSOR, Conn., July 29, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Vitra Gestão De Patrimônio Ltda (Vitra) has implemented SS&C's Advent Portfolio Exchange® (APX) for tailored portfolio management and reporting. Vitra is also leveraging Advent Outsourcing Services for cloud delivery.

The Brazil-based investment manager is now live on SS&C's APX, which aggregates position data across multiple asset classes such as global bonds, equities, real estate, private equity and derivatives from different counterparties in the U.S., Latin America and Europe. The APX solution was deployed in an outsourced environment with low latency, bringing speed and efficiency to the users. The portfolio team is leveraging the robust reporting engine within APX to improve the client experience, as well as the advanced user provisioning and a patented audit trail to reduce operational risk.

"We selected APX for portfolio management, accounting and reporting and are very pleased with our smooth implementation process through Advent Outsourcing Services. With APX being cloud delivered, we realized very quickly the benefit of automation, and we're leveraging the connectivity Advent provides to reconcile more efficiently across multiple asset classes and counterparties. Accuracy and timeliness in our client reporting process has never been easier," said Paulo Marchi, COO.

"We are pleased to work with Vitra to optimize the company's portfolio management and reporting process," said Karen Geiger, Senior V.P. and Co-General Manager of SS&C Advent. "Our investment in industry-leading portfolio management software and services ensures that firms globally can realize the benefits of working with a single provider to solve business needs across the enterprise."

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

SOURCE: SS&C

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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SOURCE SS&C

FAQ

What is the recent announcement by SS&C Technologies regarding Vitra?

SS&C Technologies announced that Vitra Gestão De Patrimônio Ltda has implemented the Advent Portfolio Exchange® for improved portfolio management and reporting.

When did SS&C Technologies make the announcement about Vitra?

The announcement was made on July 29, 2020.

How does Advent Portfolio Exchange® benefit Vitra Gestão De Patrimônio Ltda?

Advent Portfolio Exchange® helps Vitra by aggregating data across multiple asset classes and improving reporting accuracy and speed.

What services are being utilized by Vitra from SS&C Technologies?

Vitra is using Advent Outsourcing Services for cloud delivery along with the Advent Portfolio Exchange®.

What significance does the implementation of APX have for SS&C Technologies?

The implementation of APX demonstrates SS&C's commitment to providing industry-leading software solutions for financial services, enhancing portfolio management across firms.

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