Orangefield Trust has selected Advent Software’s Geneva portfolio management system and Advent Partner World Investor solution for investor accounting and servicing.
Orangefield Trust, formerly ING Trust, operates from offices in 11 jurisdictions across the globe.
The firm provides a wide range of management, administrative and trust or corporate services to funds, corporate clients and private clients.
Orangefield Trust already has over USD2bn assets under administration spread across 20 funds and is seeking further expansion of its business. To achieve this objective Orangefield Trust required a platform that would facilitate the desired growth without adding cost while delivering high quality service.
"It was crucial for Orangefield Trust to further enhance our reputation for efficiency and high quality service," says Joep Bruins, chief executive of Orangefield Trust. "To achieve that we needed a flexible, powerful and fully integrated platform able to handle the full sweep of instrument types our clients utilise, and with the scalability to support our growth plans. Advent Partner World Investor and Geneva offered us that platform. When combined with Advent’s long and well-established reputation as the preferred provider for the fund administration sector, it made them the natural choice for us."
"We are thrilled that Orangefield Trust has turned to Advent to support their future growth," adds Hakan Valberg (pictured), senior vice president and general manager, Advent Software EMEA. "Our hedge fund solutions bring a broad range of benefits that enable all firms, regardless of size or complexity, to operate with greater accuracy, support both onshore and offshore investors, and satisfy clients’ servicing requirements. Together, Advent Partner World Investor and Geneva provide firms with the robust infrastructure they need to manage and grow their business."
Advent Partner World Investor is a single-source solution for investor accounting and servicing for both onshore and offshore funds. It integrates with Axys, APX and Geneva. The product is specifically designed for hedge funds, family offices, fund administrators, and accounting firms.
Geneva is a real-time investment management and accounting platform for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds. It offers instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.
