Case Study: Veritas Asset Management achieves scalable global growth and operational efficiency with SS&C Advent (APX)

Veritas Asset Management - Customer Case Study

Veritas Asset Management, a London- and Hong Kong-based global asset manager, faced rapid growth—from roughly £1 billion to £10.5 billion AUM—and an operational challenge of fragmented portfolio systems and spreadsheet-based reconciliations that couldn’t scale. To support multi-asset, multi-currency investing and more frequent, customised reporting, Veritas selected SS&C Advent’s Advent Portfolio Exchange (APX) and related services.

SS&C Advent implemented APX along with Advent Direct Data Services and Recon to consolidate portfolio accounting, automate market-data flows and replace manual reconciliations. The result: automated, exceptions-based reconciliations that now take one to two hours instead of a full day, the ability to absorb significant asset growth with minimal headcount increase, improved auditability and scalable global multi-currency trading — helping Veritas grow to £10.5 billion AUM while reducing operational risk.

Veritas Asset Management

James Spence

Head of Investment Operations and IT,