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About Advent
What is Advent?
Advent, a business unit of SS&C Technologies, is a comprehensive portfolio management and accounting solution designed for investment managers. For over 40 years, it has helped firms streamline operations across the front, middle, and back offices, enabling them to focus on investment decisions rather than administrative tasks.
Who is it for?
Advent serves a wide range of firms, from emerging hedge funds to large institutional wealth managers. It's ideal for those managing complex alternative strategies, pooled funds, managed accounts, or enterprise wealth businesses. It is not for individual retail investors or small businesses with simple investment needs.
Real use cases
Advent is used to automate order routing and compliance, maintain multi-asset accounting, manage investor allocations, and deliver client performance reports through branded portals. For example, a hedge fund manager can use Advent to track trades from idea to settlement, while a wealth manager can use it to provide clients with real-time portfolio views.
With cloud-native options and scalable service, Advent supports firms as they grow, from a single fund to a global enterprise.
Key features
- Portfolio Management — Real-time insights and flexible modeling for efficient, informed performance across asset classes.
- Order Management & Execution — Intelligent automation for order routing, allocations, and compliance, with fast multi-asset execution.
- Risk & Compliance — Maintain robust risk controls, monitor portfolio exposure, and enforce pre-trade and post-trade compliance.
- Performance & Accounting — Multi-asset, multi-currency accounting with support for complex fund structures and investor allocations.
- Client Communications — Engaging client portals and customizable reports to keep stakeholders informed.
SaaSpartout Score
6.9
/10
Editorial score from our review methodology — not user ratings.
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Advent Pricing
Advent pricing: Custom pricing (contact sales).
Custom Pricing
Advent offers custom pricing based on firm size, needs, and selected modules. Contact SS&C Advent for a quote tailored to your firm.
No free trial is mentioned; a demo is available upon request through their website.
Frequently asked questions
How much does Advent cost?
Advent pricing is not publicly listed; it is tailored to each firm's size and needs. Contact SS&C Advent for a custom quote.
What is Advent used for?
Advent is used for portfolio management, accounting, order management, risk/compliance, and client reporting for investment managers.
Who is Advent best for?
Advent is best for hedge funds, alternative asset managers, institutional wealth managers, and enterprises managing pooled funds or managed accounts.
Does Advent offer a free trial?
No free trial is mentioned in the available context. However, you can request a demo or more information through the SS&C Advent website.
What are top alternatives to Advent?
Key alternatives include BlackRock Aladdin, SimCorp Dimension, and Enfusion. These offer similar front-to-back investment management capabilities.
Is Advent cloud-based?
Yes, Advent offers cloud-native solutions, as well as on-premise options, to support firms of all sizes.
