Advent Software, Inc.
SS&C Advent is a wholly-owned subsidiary of SS&C Technologies that develops cloud-native portfolio management, trading, compliance, and accounting software for more than 5,000 buy-side firms including hedge funds, alternative managers, traditional asset managers, and wealth managers globally.
- Company typePrivate
- Founded1983
- HeadquartersSan Francisco, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Advent Software, Inc. does
Advent Software, Inc., doing business as SS&C Advent, is a San Francisco-based financial technology company founded in 1983 and operating today as a wholly-owned business unit of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC). The company develops front-to-back investment management software for buy-side firms, including portfolio management, trading, compliance, accounting, reporting, and investor servicing solutions delivered through cloud-native platforms such as Geneva, Eze Eclipse, Eze OEMS, Genesis, APX, Axys, Black Diamond, and RealTick. It also operates a managed services and outsourcing arm that handles system hosting, reconciliation, and operational workflows for clients across more than 40 markets.
The company's core technology stack is built around institutional-grade platforms supporting multi-asset, multi-currency, multi-strategy operations at scale, with APIs exposed through the SS&C Marketplace and infrastructure delivered via AWS and Equinix partnerships. It serves four primary verticals: hedge fund managers, alternative investment managers, traditional investment managers, and wealth managers, with approximately 5,000+ buy-side clients representing $10 trillion+ in AUM processed on its platforms, including 75 of the top 100 hedge funds. Recurring revenue is generated through enterprise subscriptions (priced at $100K–$5M annually depending on firm size), managed services outsourcing, and professional services for implementation and consulting, with an enterprise field sales motion targeting global financial centers in North America, Europe, Asia Pacific, and South America.
Advent Software, Inc. firmographics
Firmographics- Name
- Advent Software, Inc.
- Legal name
- Advent, Inc.
- Website
- https://advent.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- SS&C Advent is a wholly-owned subsidiary of SS&C Technologies that develops cloud-native portfolio management, trading, compliance, and accounting software for more than 5,000 buy-side firms including hedge funds, alternative managers, traditional asset managers, and wealth managers globally.
- Ownership category
- akta.pro rank
Advent Software, Inc. industry classification
Industry- Product category
- Investment Management Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)
Keywords
Where Advent Software, Inc. is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
Advent Software, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Licenses and Subscriptions: Enterprise software licensing and subscription fees for portfolio management, trading, compliance and accounting platforms. Pricing varies based on firm size and module selection with typical implementation costs.
- Managed Services and Outsourcing: Outsourcing and managed services offerings including system hosting, operational workflows, reconciliation with administrators and prime brokers, and data management services.
- Professional Services: Implementation, consulting and support services for system deployment, customization and ongoing optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise IBOR Platform |
| Per seat | Monthly | Eze EMS End User Content Fee |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Advent Software, Inc. product offering
Product offeringCore offering
Advent Software, Inc. (SS&C Advent) provides enterprise investment management software and related services to the global asset management industry. Its offerings span portfolio management, real-time fund accounting, order and execution management, research management, performance analytics, market data redistribution, and managed services for hedge funds, private equity firms, traditional asset managers, family offices, and wealth management firms.
Product overview
SS&C Advent delivers an integrated portfolio of investment management technology solutions spanning front-, middle-, and back-office operations. The core product ecosystem includes Geneva (institutional-grade, real-time accounting for complex fund structures), Eze OEMS (global multi-strategy order and execution management), Eze Eclipse (cloud-native front-to-back platform for hedge funds), and Genesis (unified platform for portfolio management, trading, and operations). Supporting modules include APX/Axys (portfolio management and reporting), Moxy (trade order management), Black Diamond (wealth management), SS&C Sylvan (performance analytics), Tamale RMS (research management), Syncova (margin/finance management), Investrack/Modestspark (client engagement), RealTick EMS (execution management), and Geneva World Investor/Private Markets (investor accounting and private markets). The offering also includes Advent Managed Services for outsourcing and operations support.
Differentiator
Problem solved
Functional benefit
Brands
- Geneva: Institutional grade, real-time accounting platform for complex fund structures, portfolio management, and investor accounting.
- Eze Eclipse
- Eze OEMS
- Genesis
- APX (Advent Portfolio Exchange)
- Moxy
- RealTick
- Tamale RMS
- Axys
- SS&C Black Diamond
- SS&C Sylvan
- SS&C Vision FI
- SS&C MineralWare
- Investrack
- Tradex
- Modestspark
- Syncova
- Salentica
Products and services
- Eze Eclipse
- Geneva
- Eze OEMS
- Genesis
- Moxy
- Advent Portfolio Exchange (APX)
- Axys
- SS&C Black Diamond
- SS&C SVC
- Syncova
- Tamale RMS
- Investrack
- Modestspark
- Geneva World Investor
- Geneva Private Markets
- SS&C Sylvan
- RealTick EMS
- SS&C FundHub
- Advent Managed Services
- Advent Revenue Center
Quantifiable outcome
- $10T+ in assets under management processed on Advent platforms
- +3 more outcomes
Companies that use Advent Software, Inc.
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles4 records
Advent Software, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature10 records
Advent Software, Inc. partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Amazon Web Services (AWS)corePrimary cloud infrastructure provider for SS&C Eze services, providing scalable compute and storage capabilities across global data center locations.
- Equinix LLCcoreData center colocation provider for Eze trading systems in US and UK locations, ensuring low-latency connectivity for trading operations.
- ACA Compliance GroupminorCompliance consulting partnership providing regulatory guidance and compliance services integrated with SS&C Advent solutions.
- CohnReznick LLPminorProfessional services partnership providing expertise for emerging managers implementing Advent technology solutions.
- Goldman SachsminorIndustry research partnership referenced for multi-manager fund market data and trends in asset allocation insights.
- Morgan StanleyminorIndustry research partnership providing market intelligence on multi-manager strategies and alternative investments performance data.
- BNP ParibasminorIndustry research partnership providing hedge fund outlook and allocator sentiment data referenced in company content.
- Eze Castle IntegrationcoreTechnology integration and implementation partner providing specialized services for Eze platform deployments.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Advent Software, Inc. competitors and assessment
Company assessmentDirect peers
- SimCorp: SimCorp provides a buy-side investment management platform (Dimenzion/IBOR) with portfolio accounting, compliance and reporting for asset managers and institutional investors — directly competing with Advent's Geneva and APX for traditional and alternative asset management workflows.
- Charles River Development (State Street): Charles River Development (acquired by State Street) offers a front-to-back investment management platform (CRD) for asset managers, hedge funds and alternative managers, overlapping directly with Advent's Geneva/Eze OEMS/Eclipse stack across trading, compliance and accounting.
- Bloomberg AIM: Bloomberg's Asset & Investment Manager (AIM) platform delivers order management, compliance, performance and risk for buy-side firms, directly competing with Advent's Eze OEMS and broader portfolio management solutions within the same institutional customer base.
- Enfusion: Enfusion provides a cloud-native investment management platform (middle/back office, accounting, reporting) for hedge funds and asset managers, competing most directly with Advent's Eze Eclipse cloud platform for growth-oriented buy-side firms.
- Orion Advisor Technology: Orion delivers wealth management and RIA technology (portfolio accounting, performance reporting, CRM) to financial advisors, directly competing with SS&C's Black Diamond Wealth Platform for the same RIA/wirehouse/enterprise wealth market.
- Envestnet: Envestnet (including Tamarac and Yodlee) provides wealth management technology platforms, performance reporting and advisor workflows, competing with SS&C Black Diamond and the broader Advent wealth offering for enterprise wealth manager and RIA clients.
Emerging players
- Addepar: Addepar provides a cloud-native portfolio analytics and wealth management platform to family offices, RIAs and institutional investors — an emerging player whose target segments and analytics-first approach intersect with Black Diamond and Advent's high-net-worth wealth offerings.
- Allvue Systems: Allvue Systems provides software for alternative investment managers (private credit, private equity, real estate), competing most directly with Advent's Geneva Private Markets and alternative investment manager offerings for limited partners and complex fund structures.
Broad incumbents
- FactSet: FactSet is a broader financial data, analytics and portfolio analytics incumbent whose portfolio management, performance and risk offerings overlap with Advent's analytics (SS&C Sylvan, performance measurement) and reporting capabilities for institutional buy-side clients.
- Finastra: Finastra is a broad financial services software incumbent with capital markets and fund accounting offerings (via Misys/ICS) that overlap with Advent's enterprise trading (OEMS), compliance and fund accounting capabilities for institutional buy-side and sell-side clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Advent Software, Inc. social profiles
Digital presenceAdvent Software, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Advent Software, Inc. leadership team
Management profileNumber of profiles
Profiles19 records
Advent Software, Inc. subsidiaries and ownership
Company hierarchySubsidiaries15 records
Advent Software, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Advent Software, Inc. M&A and investment
M&A and investmentM&A3 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Advent Software, Inc.
What does Advent Software, Inc. do?
Advent Software, Inc. (SS&C Advent) provides enterprise investment management software and related services to the global asset management industry. Its offerings span portfolio management, real-time fund accounting, order and execution management, research management, performance analytics, market data redistribution, and managed services for hedge funds, private equity firms, traditional asset managers, family offices, and wealth management firms.
Is Advent Software, Inc. a public or private company?
Advent Software, Inc. is a private company. It is classified as corporate owned and is currently operating.
When was Advent Software, Inc. founded?
Advent Software, Inc. was founded in 1983. It employs 1,001 to 5,000 people.
Where is Advent Software, Inc. based?
Advent Software, Inc. is headquartered in San Francisco, United States, in the North America region.
How does Advent Software, Inc. make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are managed Services and Outsourcing and professional Services.
Who are Advent Software, Inc.'s main competitors?
Direct peers on record are SimCorp, Charles River Development (State Street), Bloomberg AIM, Enfusion, Orion Advisor Technology and Envestnet. Emerging players are Addepar and Allvue Systems. Broad incumbents are FactSet and Finastra.
Does Advent Software, Inc. have an API?
Yes. SS&C Advent/Eze platform offers open architecture and API access for customization and integration. The platform provides a marketplace of trusted third-party solutions accessible through well-documented, plug-and-play APIs. Firms can deploy custom trading, market data, risk management, and analytics applications. The Eze EMS also supports FIX connections for broker-dealer integrations. Developer documentation is at sscmarketplace.ezesoftcloud.com/solutions/apps.
What industry is Advent Software, Inc. in?
Advent Software, Inc.'s product category is Investment Management Software. Its primary akta.pro industry code is FSAGAEAH, Digital Wealth Platforms for Advisors (TAMP/Advisor Tech). Its NAICS code is 513210 and its SIC code is 7372.