Advent Software, the US-listed financial services technology firm, has unveiled a new release of Geneva, its portfolio management and fund accounting platform.

Among the enhancements which have been made to version 8.0 of Geneva are: real-time dashboards for monitoring counterparty exposure and P&L; a full-scale trade blotter with support for trade entry and allocations, and trade lifecycle management through confirmations, affirmations and settlement.

The latest version of the platform also offers built-in connectivity with internal systems and counterparties, including “out-of-the-box” prime brokerage connectivity and pre-built integration tools to industry standard data platforms like FIX and Omgeo CTM, Advent said. The new release additionally features the second generation of Geneva Advantage, the system's reconciliation and case management tool.

“At a time when investors are more personally engaged and due diligence efforts are heightened industry wide, leading firms understand that firm-wide access to real-time information is critical to a firm’s ability to manage risk and secure investor confidence,” said Todd Gottula, senior vice president and general manager, product development and support at Advent.

“We’ve heard clearly from our US and international clients about the importance of these capabilities, and have worked to provide a cutting edge solution for firms of all sizes.”