Waters Rankings 2017: Best Accounting System Provider—SS&C Advent
APX and Geneva prove unstoppable this year as SS&C Advent looks at new ways of serving new clients
![Waters Rankings 2017 - Best Accounting - SS&C Advent](/sites/default/files/styles/landscape_750_463/public/2017-07/Best%20Accounting%20System%20Provider%20-%20SS%26C%20Advent.jpg.webp?itok=qfuTbvFf)
Much of this change has come from what Robert Roley, general manager at SS&C Advent, describes as a “substantial” investment in user experience and workflow.
“Our customers expect us to deliver complex solutions that are as easy to use, or hopefully close to as easy to use, as some of the consumer applications that they might have on their smartphones,” he says. “User experience drives a lot of innovation for us.”
This hasn’t just been a case of slapping fresh new graphics on top of a user interface, though. Roley says that the design of applications, not just in terms of visuals but also in terms of how a client uses the program itself, is now a fundamental part of the development process.
Part of this focus can be attributed to the rise of heavily consumer-focused devices and software platforms that now feature in everyday life, although Roley also believes that the changing profile of its user base has had a hand in this change of mindset.
“That investor experience is best-in-class, and as Gen-X or millennials are becoming the core clients of wealth managers as opposed to baby boomers, that digital presence is becoming even more critical,” he explains.
Outside of user experience, the firm has also been investing in data access and reporting through the release of its Enterprise Information Store for Geneva users, which has drastically cut the amount of time it takes for information from relational databases to feed into accounting reports.
On the APX front, the firm has also been exploring integration with its other products, including its advisory platform, Black Diamond, which APX users can push out through web and mobile to end investors.
Looking ahead, Roley sees SS&C Advent’s focus falling in a number of areas. Regulatory compliance and cybersecurity are, of course, ever-present challenges for vendors and clients alike, but the firm will also be focusing on client servicing, which includes the Black Diamond integration. Finally, solid, effective data management is a key challenge and opportunity for the vendor, with the need for timely and accurate information to inform all areas of client activity only increasing over time.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024: All the winners
WatersTechnology readers voted to determine the winners in 35 technology and data categories comprising this year’s virtual Waters Rankings.
Waters Rankings 2024: Best reference data provider—Association of National Numbering Agencies (ANNA)
Product/service: ANNA Service Bureau (ASB)
Waters Rankings 2024: Best corporate actions solution provider—SIX
Product/service: Global Corporate Actions service
Waters Rankings 2024: Best cybersecurity provider—AI Risk
Product/service: AIR-GPT platform
Waters Rankings 2024: Best transaction-cost analysis (TCA) system provider (highly commended)—S&P Global Market Intelligence
S&P Global Market Intelligence’s Transaction Cost Analysis tool is highly commended in the best transaction-cost analysis (TCA) system provider category of the 2024 Waters Rankings.
Waters Rankings 2024: Best reporting system provider—S&P Global Market Intelligence Cappitech
Product/service: Cappitech
Waters Rankings 2024: Best trading floor communication system provider—Cloud9
Cloud9 wins the best trading floor communication system provider category in the 2024 Waters Rankings.