GlobeOp hosted services for Geneva®, Advent's’s portfolio management and fund accounting system offer hedge funds and alternative investment managers a scalable, proven outsourcing solution that can reduce both fund time to market and execution risks.

  • In-depth in-house Geneva technical expertise and IT resources
    • One of Advent’s largest single customers
    • One of the largest Geneva databases outside Advent
    • More than 25,000 daily Geneva reports produced
    • A technology platform representing more than 750 man-years of development
    • 250 information technology specialists, 130 of whom are developers.

  • Extensive conversion experience
    • More than 200 hedge fund conversions from a broad range of systems to Geneva – including an $8 billion client.

  • Established hosted and managed services provider to the financial services industry
    • Data center facilities, management and hardware monitoring are provided within GlobeOp’s two wholly-owned, active-active, SAS 70 Type ll-environment data centers
    • Specifically designed to meet the demanding daily operational requirements of the global financial services industry
    • Operated 24/7 by GlobeOp employees skilled in business continuity, capacity management and network security.

Flexible service options including

  • System conversions
  • Security master maintenance
  • Position valuations
  • Reconciliation to fund administrators
  • Reconciliation to prime brokers and counterparties
  • Reporting
  • Hosting
  • On-site support
  • Disaster recovery.

Hosted and full platform conversion services are available on a standalone basis or integrated within GlobeOp’s middle- and back-office, fund administration and managed services packages.

Client benefits of a GlobeOp-hosted Geneva solution

  • A robust, cost-effective alternative to building and maintaining in-house hedge fund IT infrastructure
  • Outsourced systems infrastructure, tasks and personnel requirements while reducing operational costs and risk
  • Reduced implementation and execution risk
  • Reduced in-house management of technology integration
  • Service packages customized to business requirements

Benefits of the Geneva global investment management and accounting platform

  • Suitable for firms of all sizes, investment strategies and fund structures
  • Real-time data and investment portfolio views
  • Customizable and flexible reporting tools
  • Comprehensive investment coverage
  • Improved operational structure and cost management
  • Reduce operational risk.

Updated November 2009

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