SS&C Technologies has successfully transitioned Citi’s hedge fund customers to the latest version of its Geneva platform.
Using the latest Geneva 15.2, clients will now have access to streamlined workflows for asset classes including bank loans and swaps.
“Our unique combination of technology and expertise is revolutionising how fund managers are managing their IT and operational infrastructure, and is raising the bar for fund administration services,” said Bill Stone, chairman and CEO, SS&C Technologies.
This represents the latest development for SS&C following the news in April that it had been appointed by Nicola Wealth Management to administrate nearly $4 billion of assets under custody.
The upgrade will also allow clients to access new technologies including regulatory and middle office offerings.
“The project represents the first of many enhancements under our new ownership,” said Mike Sleightholme, MD, hedge fund services, SS&C.
“Combining SS&C’s deep expertise in technology and fund administration, our customers can harness the benefits of best-in-class technology at a cost and pace that makes sense for their business.”