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Technology news

Butterfield Fulcrum upgrade fund accounting


15 May 2012 London and New York
Reporter: Georgina Lavers

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Image: Shutterstock
Fund services provider Butterfield Fulcrum has upgraded to Advent’s Geneva 8.5, a new release of Geneva, Advent’s global portfolio management and fund accounting solution.

Butterfield Fulcrum has also significantly enhanced its operations and technology infrastructure to deliver front, middle and back-office services supported by a fully implemented technology solution.

“This upgrade enhances our leading edge technology platform and allows us to simplify the processing and management of complex assets and provide complete bespoke solutions to meet the ever increasing demands of our existing and new clients,” said Chris Mulhern, COO and President, Butterfield Fulcrum.

“Advent’s Geneva 8.5 delivers direct immediate benefits to our clients with a host of new features and functionality, including real time P&L, position, and exposure reporting, support for private equity structures, bank debt, and a fully integrated shareholder servicing platform.”
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