The fintech house, which has a strong presence in the wealth management space, has announced its new leadership team after the recent takeover by SS&C.

SS&C Technologies has announced the line-up of the team leading Advent Software, the San Francisco-based fintech firm that it acquired recently.

Pete Hess, who has served as Advent’s president and chief executive, will lead SS&C’s Advent business unit as senior vice president and general manager. He will oversee the establishment of two distinct market facing teams within Advent, SS&C said in a statement.

The advisory market group will take charge of serving clients and growing the business within the wealth management and investment advisor market. The group will be led by Dave Welling, formerly the general manager of Advent’s Black Diamond business group, and now SVP and managing director of SS&C’s advisory market group, reporting to Hess. 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 who have been 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.

The $2.63 billion acquisition of Advent was completed in early July this year, part of a process of continuing M&A activity in the fintech space. Recently, FIS, the global provider of banking and payments technology, as well as consulting and outsourcing solutions, moved to acquire all equity of the Pennsylvania-based financial software company SunGard, in a cash and stock deal that values the latter firm at $9.1 billion.