Case Study: Athena Capital Advisors achieves centralized data access and faster custom reporting with SS&C Advent's APX

Athena Capital Advisors - Customer Case Study

Athena Capital Advisors, a multi‑family office managing $3 billion in assets, needed a central, transaction‑level system to support time‑weighted performance calculations and more flexible, ad‑hoc reporting. To solve these challenges they adopted SS&C Advent’s Advent Portfolio Exchange (APX), moving to APX 3.0 to gain SQL access and broader accounting and performance data.

SS&C Advent implemented APX 3.0 with expanded access to derived accounting values and integrated Microsoft SQL Server Reporting Services, enabling Athena to build a custom SQL reporting platform and create specialized reports (for example, an appraisal report that groups separately managed accounts into a single asset class). The solution eliminated manual workarounds, improved accuracy, sped ad‑hoc client responses, and now supports reporting across Athena’s $3 billion in AUM.

Athena Capital Advisors

Alan Slaughter

Reporting Associate