Advent TransPort optimizes custodial data operations.
The latest addition to Advent Data Solutions enables clients to apply custom rules and logic to standard custodial data files before loading into accounting platforms. TransPort streamlines operations by giving users the power to customize their ACD files and filter out any unwanted data. Firms are then able to focus on their unique data requirements and easily add new values. The service is deployed in the cloud, with SS&C Advent handling data normalization for more than 800 data sources.
'Adding TransPort to our daily workflow has been beneficial, significantly reducing the occurrence and time spent on manual manipulation errors each day,' said
'Advent TransPort has removed all that manual work that was not adding value and taking a lot of time from our small team. The solution allows us to focus on more productive, higher-level work,' added
'Our clients are working with a larger number of custodians and other counterparties to minimize risk, but reconciling tremendous amounts of data is adding to their workload,' said
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