Mission-Critical Platform Offers Advanced Security, Scalability and Integrated CRM Functionality
SAN FRANCISCO – August 8, 2006 – Advent Software, Inc.
(NASDAQ:ADVS), the leading provider of software and services to the
investment management industry, announced today that Bill Few Financial
Group, a Pittsburgh-based investment and wealth advisor and
broker-dealer group, has migrated to Advent Portfolio Exchange® for
enhanced security and client relationship management (CRM)
functionalities.
Bill Few Financial Group, which has $1.2 billion in assets under
management, participated in the client validation development process
of Advent Portfolio Exchange® last year. The company upgraded from
Axys® to Advent Portfolio Exchange®, Advent’s next-generation portfolio
management platform that integrates front-office marketing and CRM
functionality with back-office portfolio accounting and reporting
operations. Moving to Advent Portfolio Exchange® has enhanced the
firm's client services, improved compliance and security, and helped
integrate front-office functions with back-office operations.
“Our firm manages over 6,000 client portfolios, and our clients
expect complete confidentiality. A key benefit of Advent Portfolio
Exchange® right out of the box was the security functionality. We can
set up user IDs and limit user access to specific accounts, which
enables us to allow portfolio access to select affiliates,” said John
Jones, Chief Operating Officer of Bill Few Financial Group. “In
addition, the built-in CRM capabilities show us all the client’s data
in one integrated view, so that instead of jumping around from one
program to another, we can focus on the client relationship.”
Advent Portfolio Exchange® is built on industry standard tools,
including Microsoft's SQL server for data security and simple IT
functionality, which helps firms like Bill Few grow their client list
without having to expand their IT staff.
“We have seen tremendous advantages in having a SQL-based database
environment, which makes it easier to import, export, access and share
information,” said Rodney Engh, CFP, a financial advisor and member of
the firm’s technology committee.
“For a firm like Bill Few Financial Group, which is growing quickly
while managing technology changes, Advent Portfolio Exchange® offers
the scalability to accommodate rapid growth without losing security or
customer service,” said William Penney, Senior Director of Product
Marketing at Advent Software. “As Bill Few continues to expand and add
clients, Advent Portfolio Exchange® is primed to grow along with the
firm, delivering the reliability, innovation and first-class customer
service that our clients know to expect from Advent."
ABOUT BILL FEW FINANCIAL GROUP
Based in Pittsburgh, PA, Bill Few
Financial Group comprises investment advisors Bill Few Associates,
Private Wealth Advisors, and Bill Few Securities, a broker-dealer.
Combined, the companies have approximately 50 employees, 6,000
accounts, and $1.2 billion in assets under management.
ABOUT ADVENT PORTFOLIO EXCHANGE®
Advent Portfolio Exchange® is
Advent’s next generation in portfolio management technology that fully
integrates the front office functions of client relationship management
(CRM) with the back office operations of portfolio accounting and
reporting. This enterprise solution leverages a single SQL database to
deliver critical client information via an easy to use browser-based
user interface. APX delivers improved client service with enhanced
security for today’s amplified compliance environment.
ABOUT ADVENT
Advent Software, Inc. (www.advent.com),
a multi-national company, has been providing trusted solutions to the
world's leading financial professionals since 1983. Firms in more than
60 countries are using Advent technology to manage investments totaling
more than US $12 trillion. Advent's quality software, data and services
enable financial professionals to improve service and communication to
their clients, helping them grow their business while controlling
costs. Advent is the only financial services company to be awarded the
Support Center Practices certification for being a world-class support
organization.
Advent, Advent Portfolio Exchange and Axys are registered trademarks
of Advent Software, Inc. All other company names or marks mentioned
herein are those of their respective owners.
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Contacts:
Katherine Calvert, Advent Software, Inc.
(415) 645-1853
kcalvert@advent.com
Sarah Rector, Ogilvy Public Relations
(303) 634-2674
sarah.rector@ogilvypr.com