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Advent leadership details confirmed

SS&C Technologies Holdings, a global provider of financial services software and software-enabled services, has issued details of the leadership team for its recently acquired Advent Software business unit.

Pete Hess, Advent’s president and CEO, will continue to lead as senior vice president and general manager, tasked with overseeing the establishment of two distinct market facing teams within Advent to address key client segments.

One, the Advisory Market Group, will be responsible for serving clients and growing the business within the wealth management and investment advisor market. This group will be led by Dave Welling, formerly the general manager of Advent’s Black Diamond business group, and now Senior Vice President and Managing Director of SS&C’s Advisory Market Group, reporting to Hess.

The other, the Asset Management and Alternatives Market Group, led by Hess, will focus on delivering solutions for the dynamic needs of the traditional and alternative asset management markets.

Additional executives promoted within the Asset Management and Alternatives Market Group include Robert Roley as the head of solutions and client experience, Marc Flamini as head of sales, and Karen Geiger to lead solutions development. Bob Conchiglia has also been promoted to lead sales for the Advisory Market Group.

Said Bill Stone, SS&C chairman and CEO: “With our acquisition complete, we’re excited to usher Advent into a new phase of growth and innovation, and to deliver the expanded benefits that we can now bring to our clients as a combined force. By leveraging SS&C’s existing capabilities and realigning the teams, we will offer the highest level of service and support, putting all of our clients in an even better position to succeed.”

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