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Trident Fund Services Adopts Advent’s Expanded Geneva Offering to Support Private Equity, Onshore and Offshore Fund Accounting


Trident Fund Services, the Cayman-based fund administrator has expanded its relationship with Advent Software, now adopting the Geneva World Investor module to its existing implementation of Geneva. This leveraged platform provides Trident with integrated portfolio management and investor servicing across private equity, real estate and hedge fund clients.
Trident Fund Services provides back-office fund administration services to the global financial sector and in the ever increasingly regulatory burdened environment the reporting demands on administrators are apparent.tom
“A robust, integrated technology platform underpins our ability to provide high-quality, tailored, cost-efficient fund administration services to our clients, whatever their specific requirements. We chose Geneva World Investor for its strong integration, automation, onshore and offshore investor level accounting, and the ability to deliver complex reporting to private equity and hedge fund clients, “ said Rick Gorter, Managing Director, Trident Fund Services, Cayman Islands
As a module available with Geneva, Geneva World Investor helps Trident Fund Services achieve greater transparency and fully support onshore and offshore investors while allowing for a flexible yet streamlined workflow with multi-class, multi-series accounting features. Through managing complex, unlimited fund structures on an integrated platform, Trident Fund Services is able to offer more dynamic reporting and services to its clients.
Geneva World Investor improves efficiencies across asset classes such as private equity and funds of funds, and provides clients with powerful tools, including capital commitment and call processing, waterfall calculations, capital distributions, performance fee calculations and on-demand reporting with minimal cost and disruption to fund administrator’s processes.
“Our experience working with clients across the alternative investment industry, including fund administrators, allows us to build highly reliable solutions that are designed to meet the unique needs of hedge fund and private equity investor clients. Trident Fund Services’ implementation of Geneva World Investor lowers operational risk associated with manual data entry by fully automating processes from trade lifecycle management to investor servicing and reporting, “ said Thomas Zdon, Vice President of Business Development and Solutions, Advent Software.
Brenda Mauro, Head of Business Development, North America, Trident Fund Services, added, “It is our priority to provide our clients the most efficient and scalable technology solutions available. Our fund clients now have the benefit of a fully integrated system with the addition of Geneva World Investor. Because we have a long standing relationship with Advent Software, we know that this new solution feeds well into Trident’s proprietary components, and will deliver more value to the funds we serve.”
Technology is an essential component in the support network for administrators, easing the complexity of reporting and accounting processes that are now expected at increasing regularity.
Advent Software is a global provider of software and services to the investment community to firms in over 60 countries. Advent’s quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling operational risks and costs.


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