Case Study: Boston Financial Management achieves long-term technology stability and streamlined operations with SS&C Technologies' Advent Outsourcing Services

Boston Financial Management finds long-term technology and operations solution with SS&C Advent

Boston Financial Management, a Boston-based wealth manager overseeing $1.8B in AUM, was suffering from "conversion fatigue" after switching systems repeatedly and needed a long-term, integrated platform plus outsourced daily reconciliation. The firm chose SS&C Technologies’ Advent Outsourcing Services—implementing Advent Portfolio Exchange (APX), Moxy, and Advent Revenue Center—so it could consolidate portfolio management, CRM, trading, billing and reconciliation with a single provider.

SS&C Technologies migrated Boston Financial to its hosted Advent Outsourcing Services and provided project management, hosting, daily reconciliation and data management expertise. The conversion was smooth (all data reconciled on day one and year-end reports ran on time), produced no negative client impact, enabled upgrades to current APX and Moxy functionality, delivered process enhancements from the vendor’s data team, and strengthened disaster recovery, business continuity and overall operational efficiency.

Boston Financial Management

Charles Zambri

Chief Compliance Officer and Director of Client Service