Axys®, Advent`s industry-leading portfolio management, reporting and accounting solution, brings speed, accuracy and flexibility to your firm`s investment management practice. The benefits gained by using Axys are tangible-- improved decision support, increased productivity, reduced errors, lowered overhead and enhanced client service.
Increase Productivity and Reduce Operating Risk through Automation
Axys' sophisticated accounting, performance, automated reconciliation and reporting tools enable firms to easily manage an expansive number of accounts and an impressive range of investment instruments. The resulting efficiency and accuracy reduces operational errors and allows businesses to grow without increasing overhead, thus allowing precious resources to be allocated to other departments or to increasing profitability.
Turn Portfolio Management and Reporting into a Competitive Advantage
Portfolio reporting touches nearly every facet of daily operations in investment management firms and is a vital component for client interaction. Axys` powerful Report Writer Pro™ allows firms to generate customized reports for their clients and any interested parties, SEC audit reports, and ad-hoc reports to support investment decision making management reports. Axys meets the needs of each department by providing clarity with timely, relevant summaries and adds value by enabling investment professionals to give exemplary customer service. Imagine the competitive advantage of being able to generate and distribute client reports the day after quarter end, or the ability to answer tough client questions while they are on the phone; Axys offers this and more.
Advent and Axys are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Diverse Security Coverage
Maintain a Single Platform for All Assets of the Firm
• Manage and report on a wide range of international instruments: equities, mutual funds, fixed income, derivatives and variable rate securities
• Track and analyze fixed income characteristics including yield method, amortization and accretion, duration, odd coupon dates, ratings, tax status, and more
• Report the value and accruals of a broad range of fixed income security types, including money market and other cash types, variable rate assets, municipal bonds, corporate and government bonds, floating rate securities, mortgage backed securities and step-up bonds
• Select accounting treatments: tax lot or average cost accounting, trade date or settlement date accounting
• Manage and report on portfolios grouped in a variety of ways: by manager, asset class, investment objective, or any category desired
• Track and report on commission by purpose or broker, including soft dollar totals
• Take advantage of the integrated multicurrency capabilities built into the core—easily used if a firm needs it, transparent if it doesn't
• Automatically calculate international withholding tax
• Identify components of returns (bifurcation) attributable to market prices versus currency rate fluctuations
• Define and track trading, income, and risk currencies for each security
Supports AIMR Compliance
Present Performance with Confidence
Axys®, a powerful portfolio accounting platform, enables firms to present performance with confidence using industry proven AIMR-compliant calculations for performance measurement and reporting.
• Create blended benchmarks, and track the component indices historically
• Utilize the platform leveraged by the largest constituency of AIMR-compliant reporting managers in world
• Update performance history for significant contributions and withdrawals in one step
• Comply with the standards and regulations of the SEC, AIMR and GIPS
• Calculate the time-weighted or internal rates of return—before or after management fees
• Display performance in a number of flexible, user-defined ways; by portfolios, asset classes, sectors, countries, or regions
• Compare performance against the indices of choice, including synthetic indices
Tax-Sensitive Investment Management Tools
Track Cost-Basis and Optimize Gain or Loss across Your Client`s Portfolios
• Track lot closing methods—FIFO, LIFO, highest cost, lowest cost, minimum gain and specify
• Report on realized and unrealized gain to identify tax impact
• View the total wealth picture of clients by maintaining held-away account data to help identify overall tax impact
STP Integration
Streamline Workflows, Reduce Errors and Avoid Duplicate Entry of Data
• Update systems across your firm with integrated workflows
• Deploy staff on higher value activities than data entry
• Increase the accuracy of your decision support information
• Utilize Advent's relationship with over 400 custodians to consolidate account level data
• Leverage seamless integration with third-party trust accounting systems
• Use Advent's Open General Ledger interface to populate data in the general ledger package that fits your requirements
• Connect to a variety of third-party applications to meet your analytic, attribution or optimization needs
Customizable Reports
Customizable Management Reporting, Decision Support and Client Presentation
Leveraging Axys®, the industry-standard fund accounting and reporting system, firms can customize presentations to clients using powerful graphics and stylized reports.
• Choose from hundreds of industry-standard reports
• Modify pre-defined reports or build new ones in Axys Report Writer Pro™ to change columns, rows, and formatting, add user-defined fields and calculations
• Integrate custom calculations or logic into management or client reports
• Create sophisticated reports that are as polished in presentation as they are deep in content
• Communicate with clients by using high-impact graphics—pie charts, line graphs, bar charts, and more
• Embed objects such as logos, charts and text that can be directly fed into other documents
• Create report automation to centralize and consolidate period-end reporting
• Save output to various formats – XLS, PDF, HTML, XML, RTF, TXT, CSV and TSV
Investment Tracking & Reporting
Streamline Portfolio Functions for Simpler Business Processes
• Select accounting treatments: tax lot or average cost accounting, trade or settlement date accounting
• Manage and report on portfolios grouped by manager, asset class, investment objective, or user-defined criteria
• Track and report on commission by purpose or broker, including soft dollar totals
• Track and analyze fixed income characteristics including yield method, amortization, accretion, duration, odd coupon dates, ratings, tax status and more
• Track the valuations of a broad range of additional security types; including money market and other cash types, variable rate municipal bonds, corporate and government bonds (floaters), auction rate preferred securities, floating rate mortgage-backed securities (MBS) and step-up bonds, options, futures and other derivatives
