Case Study: CIBC Capital Markets achieves a competitive edge and rapid prime brokerage growth with SS&C Advent Geneva

CIBC World Markets - Customer Case Study

CIBC Capital Markets, the investment‑banking arm of CIBC, entered Canada’s prime brokerage market as a late mover and needed to catch up quickly by offering differentiated, global capabilities and superior service. To meet this challenge they selected SS&C Advent’s Advent Geneva portfolio management and accounting platform to provide real‑time, multi‑currency and multi‑asset reporting and the flexibility to support both small and large hedge funds.

SS&C Advent’s Advent Geneva was implemented as CIBC’s core platform, enabling real‑time global portfolio updates, broad instrument coverage, and scalable operations. The solution helped CIBC Capital Markets win clients, “leapfrog” incumbent prime brokers, and quickly grow the business—management reports that the prime brokerage group roughly tripled its business within a three‑year period—while improving connectivity and positioning the firm for continued long‑term growth.

CIBC Capital Markets

Graham Jones

Director of Prime Brokerage and Alternative Execution Services