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G2 Systems Named to Advent Software’s Alliance Partner Program
G2 Systems LLC, a software consulting firm specializing in portfolio management/accounting systems, today announced that it has been named by Advent Software, Inc. (NASDAQ: ADVS) to its Alliance Partner Program. Advent is a provider of software and services to the global investment management industry.
Advent’s Alliance Partners offer integration to products that complement and enhance Advent’s core capabilities. G2 Systems will offer Advent’s Geneva clients the use of ‘TaxGopher’, a powerful tax analysis tool that delivers an automated tax reporting solution for all trading activities. ‘TaxGopher’ creates reports on the tax implications for wash sales, constructive sales, qualified dividends and other tax-related events. Geneva is Advent’s award-winning portfolio management and fund accounting solution.
“Due to complex tax rules, fund accounting can be very challenging,” said George Michaels, Co-Principal of G2 Systems, LLC, in a company release. “TaxGopher simplifies the process and helps to manage costs by keying in on tax events such as wash sales and informs you of the tax implications of those events and others. The reports generated provide key information so brokerage firms or hedge funds can make the best trading decisions possible.”
“We are very pleased to name G2 Systems an Alliance Partner for Geneva,” said Todd Gottula, Senior Vice President and General Manager of Global Accounts at Advent in the release. “G2 Systems has proven their expertise in delivering Geneva®-related services to dozens of major investment firms.”
G2 Systems’ software is highly configurable and is built upon the G2 Data Warehouse but it can also use other middle or back-office applications as its data source. It has an easy to use GUI with simple input requirements to ease data integration with a user’s general ledger or OMS (order management software). Additionally, it can sit on your PC or on any application server, and it fits with any hardware infrastructure.