Advent upgrades Geneva and APX applications

Version 8.0 of Advent Geneva offers new features such as trade capture and lifecycle management, reconciliation support and dashboard views of exposure, performance and intra-day P&L data. The system also provides accounting support for bank debt, swaps and other credit instruments.

"Geneva 8.0 is targeted towards the international hedge fund community and the [traditional] asset management community," says Peter Hess, president at Advent. "Over the years with Geneva we've been quietly adding

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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