Case Study: Freed Investment Group achieves operational relief and professional reporting with SS&C Advent (Advent OnDemand & APX)

Freed Investment Group - Customer Case Study

Freed Investment Group, the $30M investment advisory unit of Kenneth Freed & Co., was facing growing operational headaches and reporting limits as a CPA-led practice juggling taxes, audits and portfolio administration. The firm was initially using Advent’s Axys for accounting but needed more powerful reporting and help with daily reconciliation, so they engaged SS&C Advent and evaluated its Advent OnDemand and Advent Portfolio Exchange (APX) solutions.

SS&C Advent implemented Advent OnDemand with Data Management and APX, taking over system hosting, daily reconciliation, period-end processing and data management while providing richer, more timely reports. The change delivered measurable gains: reconciliations handled by SS&C Advent reduced operational burden and increased accuracy, monthly performance reporting is ready within two weeks, and APX enabled longer time-period and additional time-weighted reports along with more professional formats and faster, expert report design.