Client Testimonials
North America
AEW Capital Management LP
“For us, the most important thing is making sure the information that we get to our clients is accurate. With APX, we haven’t had any issues whatsoever.”
Rich Morschi, Director of Securities Operations
Associated Wealth Management
"Through the automation of Advent's products, particularly Moxy, we were able to reduce the amount of paperwork and manual calculations performed by the portfolio managers approximately 50%. Moxy also created numerous efficiencies on the trading desk, allowing the trader to work more on the trade than the process."
Deborah Hoeft, Investment Resource Coordinator
Avalon Advisors, L.P.
“What used to take us seven business days to do, we are now able to do in about two or three. More accuracy for our clients and faster processing time for our firm . . .this is a ‘no brainer."
Gary Bonner, Senior Vice President - Operations
Bank of Illinois
"Advent's innovative wealth management reporting offering has enabled us to enhance our service for the next tier of high-net worth clients. We are finding these new clients to be our most profitable."
Robert Ballsrud, Vice President of Investments
Belfer Management LLC
“Moving from Axys to APX – which gave us everything we wanted within our price range – was the only way to go.”
Cindy Golden, Chief Financial Officer
Bill Few Associates, Inc.
“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. In addition, the built-in CRM capabilities show us all the client’s data in one integrated view, so that instead of instead of jumping around from one program to another, we can focus on the client relationship.” Rodney S. Engh, CFP®, Vice President
Blue Oak Capital, LLC
"With the ability to outsource back office functions to ABOS, our firm is more profitable and has lower employee administrative costs." Loren Walden, CFA
Blue Oak Capital, LLC“From the client’s perspective, we provide great service. One primary reason we’re able to allocate substantial time and resources to client service is because we have Advent Back Office Service support.”
Tom Baker, Principal
back to top Boston Advisors, LLC"With Advent Revenue Center, there is nothing we can’t do, no accommodation we can’t make from a systems perspective—that is clearly a big win for us.”
Richard Shea, Treasurer
Caledonian Global Fund Services
“Geneva was chosen because it was considered to be the best accounting system we could buy for the hedge fund market that we wanted to serve.”Gordon Wilson, Managing Director
Connor, Clark & Lunn
"Our reporting to clients in our Private Client business used to take us 15 business days. Now it takes us four business days. Our clients really appreciate this improved service."
Lee Damji, Chief Investment Officer
Everett Harris & Company
“What makes Advent training so great are the people. Whether you’re in a conference, taking web-based tutorials, or taking a certification exam, the Advent folks are always available to answer questions and get you through whatever you’re trying to learn. Everyone I’ve talked to from Advent really knows the software, and is also genuinely interested in helping me learn it too.”
Lisa Tinker
Fenimore Asset Management, Inc.
“Over time, Advent Rules Manager should pay for itself in the ability to monitor a lot more clients and a lot more assets in a much more cost-effective manner.”
Charles Richter, Chief Compliance Officer
Fischer Investment Advisors
"Ensuring the safety of our clients' principal is our most important goal, especially when it provides a steady income stream for our retired investors. Our clients entrust this responsibility to us, and we entrust our technology needs to Advent. We've been using Advent solutions now for 17 years, and they've helped us grow a strong business taking care of our clients' futures."
George Fischer, President
Fortis Bank NV
"The acquisition of Advent's Geneva to replace our core accounting system approximately three years ago enabled us to redesign our primary business processes. Geneva's architecture allows for a more centralized approach to processing, product development and standardization, which removes existing bottlenecks and greatly increases our efficiency."
Amod Kumar, Director of Business Support
Fulcrum
“The hedge fund business has evolved from mainly long/short equity to very complex asset classes and trading strategies. The ability of Advent Geneva to keep up and to handle new instruments, new strategies, and new reporting requirements makes it extremely attractive.”
Chris Mulhern, Fulcrum Chief Operating Officer
ING Advisors Network
"Custom Engineering Services has established a legacy of excellence. Advent's dedication to quality, responsiveness, and overall friendliness makes my job easier. Thank you!"
Aaron E. Roome, Data Administrator
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Interactive Data Corporation
“For more than 20 years, nteractive Data and Advent have been working closely to provide clients with a range of offerings that automate the delivery of Interactive Data’s global financial data, including securities pricing, evaluations and reference data, through Advent’s innovative software applications. Having access to a broad range of data from directly inside financial applications can enable firms to minimize errors associated with manual data entry and work more efficiently. We look forward to continuing to strengthen our partnership with Advent through offerings that can help clients accomplish their business and financial goals.” Ray D’Arcy, President of Sales, Marketing and Institutional Business Development
Investment Trust Company
“Advent‘s CRM capabilities allow us to maintain a central repository of all information on the client so our trust officers, portfolio managers, and financial advisors are connected beyond the paper files and are always aware of the progress of each client relationship. They now collaborate more effectively to better serve our clients.”
Tom Herrington, President
Jamison, Eaton & Wood
“With Advent Revenue Center, we’ve cut our billing time in half. We’ve cut the quarter-end billing process from two days to one, and the rolling billing process now takes half a day.”
Lisa Bellando, Vice President of Administration
Kovitz Investment Group, LLC
"KIG has grown from $375 million in assets three years ago to $925 million today, and we plan to continue growing. We wanted a single system for portfolio accounting, CRM, client reporting, and performance reporting so that our data would all be in one, easily accessible place, and we were looking for a solution that could grow with us. The APX platform delivers all of this for us and the resulting time savings and increased efficiency in our operations is significant."
Bruce Weininger, Principal
Patten and Patten, Inc.
“APX will be extremely beneficial from a compliance point of view, from a portfolio manager’s point of view, from a service point of view, and even from a cost point of view, because all of our records are linked.”
J. Clay Crumbliss, Vice President of Operations and Finance/Chief Compliance Officer
Piedmont Financial Trust Company
“Since installing Advent for Family Offices solution, we are now able to perform daily reconciliation, which saves us critical time at month-end. Overall, Advent has saved us more than $100,000 per year, plus we now get information in an accurate and timely fashion."
Ed Wright, Manager
Reich & Tang
"We have been extremely impressed with the level of support we have received from Advent's technical support team. Among all the things that Advent provides to the marketplace, their support service shines at the top of the list."
Roland Capalbo, Programmer
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Sterling Capital
“Advent Revenue Center is robust enough to handle our complex requirements, it’s easy to use, it integrates seamlessly with our portfolio management system, and it can support our firm’s future growth—it was exactly what we were looking for.”
Cathy Sawyer, Executive Director
Sterling Capital“The main benefit we have received from Advent Custodial Data is that it has streamlined our process from trading to settlement. Advent has helped get us closer to true Straight Through Processing.”
Kenneth Cotner, COO Symmetry Capital“Advent has done something not many companies have been able to achieve—they have institutionalized excellence at all levels. We have literally quintupled assets under management, and we’ve not had to hire additional personnel or buy additional technology to handle our portfolio accounting work, thanks to Advent Back Office Service (ABOS).” David Stalnaker, Founder
Wasatch Advisors
“Advent delivered the best solution to us, and has exceeded our performance and service expectations.”Dwight Ricks, CIO
Wasatch Advisors
“You reach a point of complexity where you need somebody to already be familiar with your environment when they start troubleshooting issues. Continuity is really what we have achieved through having an Advent Operations Advisor.”Jed Williams, Director of Information Services
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Adelphi Capital
“We needed a solution that was resilient, well-known, and that would demonstrate to clients that we’re making a commitment to proper technology.”
"The number of inputting errors has come down because errors that were generated due to human intervention and the duplication of entries in the process have gone away. So that has improved our efficiency."
Nick Tyler, COO
Alena SA
"It is simply a well-developed system. Very user friendly. The greatest benefit is its flexibility; we were able to adapt it entirely to our own needs and preferences."
Paul Delahaut, Managing Director
Bank of Bermuda
"As a renowned fund administrator to the alternative investments industry worldwide, we are delighted with the technological advancements that the Geneva and Advent Partner products offer us."
Robert Schultz, CEO and President
Banque Bonhote & Cie
“Advent will save us a lot of time and help us stay focused. Managers can quickly receive all the summary information they need in order to know exactly where they stand at any point during the day. However, most importantly, quarter and year-end reporting will now be produced at a fraction of the time it used to take.”
Charles du Marias, Director
Bedrock RealTime SA
“Our business has grown dramatically since we first implemented Advent’s portfolio management product Axys® back in 2004.As our wealth management business grew, we wanted to enhance our portfolio management operations and increase our focus on client service and relationship management; APX was an excellent solution and has served us well in meeting all of our objectives. As we’ve seen growth in our hedge fund business, we decided we needed a system that could calculate our own NAV’s. With this in mind, and our very positive experience working with Advent over the years, we decided to migrate our wealth and hedge platforms to the market leading Geneva® solution with its proven track record in the hedge fund market."
Daniel Fink, Managing Director
Beltone Asset Management
"We were impressed with Advent's approach and their understanding of our issues, and they clearly demonstrated how the capabilities of Axys® would meet all our requirements. This is important to us, as a key component of our strategy is to grow our business without significantly increasing our costs."
Karim Eweiss, CFO
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Catella Asset Management
“Our asset management business entails complex strategic asset allocations and we found a solution that allowed us to continue our growth strategies and at the same time maintain our unique client focus. We also wanted a single point of entry for our trading which Advent’s solution provides. We invited a broad range of vendors to showcase their solutions, but we chose the Advent Portfolio Exchange® / Moxy® solution as we felt the integrated front- to back-office platform was best suited to our requirements. We are pleased to have found a single business partner in Advent who can meet our end-to-end needs with an integrated offering.”
Stefan Widenfelt, CEO
Credit Europe Bank (Suisse) S.A.
"With Advent’s solution, the ability to centrally manage our data is excellent. The system's ease of use, reporting speed, accuracy, as well as the quality of our portfolio data - all of these things are outstanding."
Anthony Gause, Assistant VP of IT
Credo Group
“I would say that we've cut down the time we used to spend on our allocation strategies by 75%”.
"Clients love our reports because they are easy to read and understand. It takes a very short time to explain the reports and we now have a deeper and more meaningful interaction with our clients."
Zack Shone, CTO
FIM Asset Management
“Advent’s solution seemed better suited for an operation like ours. We have a fairly large number of smaller clients, and automation plays a crucial role. The Advent solution is now bringing major improvements to all areas of our business.”
Jussi Seppälä, Managing Director
Fortis Bank
“We were very methodical in our software search and ultimately chose Geneva because of its scalability, the breadth of global instrument coverage it offers, and its real-time accounting engine."
Alex Elfers, Managing Director
Globe Fund Advisors
“The Advent solution meets our short and long term requirements. The fact that Advent invests millions in software development, gives us the assurance and confidence that Advent gives top priority to its clients.”
William Van Buren, CEO
Göttler Finanz AG
“We chose the Advent solution for its broad functionality, scalability, operational security and proven success in live environments. Advent will be that giant leap towards realizing STP.”
Michael de Man, CEO
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PFPC International Ltd.
"For over 20 years, PFPC has been providing personalized processing, technology and business solutions to our alternative investment clients. To continue this effort and efficiently handle the increasing requirements of the market, we chose to adopt Advent’s Geneva® solution. Not only are we confident that it will address the needs of our alternative investment clients, but Geneva®’s scalable and flexible model conforms well to the open technology architecture of our Global Enterprise PlatformSM."
Stephen M. Wynne, COO and Executive Vice President
Quintillion
"There is nothing in the market that matches Geneva®’s speed, flexibility and operational efficiency and it will make our services offering extremely attractive to our clients."
Joan Kehoe, CEO
Rand Merchant Bank
“After a global due diligence process, which included soliciting input from other prime brokers and evaluating ‘build versus buy’ options, Advent’s Geneva® emerged as the clear choice.”
Ryan Proudfoot, Head of Prime Broking, Equities Division
Raymond James Investment Services
“We chose Advent for a number of reasons, including their reputable global track record of delivery and broad client base. Additionally, the scalable, flexible architecture of Advent’s suite means there are no complex integration requirements or significant bespoke development needed. We now have a solution that meets all of our needs – from simple orders through to complex model portfolios, risk analysis and client reporting – and provides us and our affiliated advisers with a solid platform for future growth.”
Peter Moores, CEO
SEB Asset Management
“We have increased efficiency with about 500%”.
"We have reduced our administrative staff from 15 people to just 3. We are handling 80 billion Danish Krone (DKK) which is more than 14 billion and we have 3 administrative staff to handle it. That is quite amazing. The reason is our state-of-the-art solution from Advent."
Jens Nødskov, CEO
Seven Investment Management
“We see Advent as a strategic component to our success and selected them on the basis of their track record in providing business critical investment management solutions.”
Tom Sheridan, CEO
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Spar Nord Bank
"We implemented the Advent system faster than we expected."
John Lind-Nielsen, Director of IT, Trading and Financial Markets
Staalbankiers
"The Advent system is extremely fast compared to what we had. It requires a lot less reconciliation time than the old system, because it's much more efficient."
Henk Wind, Head of Asset Management
Wegelin Fund Management Ltd
"We wanted to expand our operation and ultimately grow our business, without considerably increasing costs. The solution we chose had to meet all our operational requirements which included integration of back office services and interface to the host system of the custodian, allow us to add additional funds from other institutions without additional overhead, and also have the capabilities to deliver all our reporting in accordance with the complex Swiss legal requirements."
Lars Inderwildi, Director
Wijs & van Oostveen
"We examined the market for an enterprise investment management solution, and ultimately chose Advent because of its flexibility, speed, and efficiency. Our investment in Advent’s solutions will allow us to spend more time with clients, and less time on manual processes. It was very important for us to implement a product suite that will continue to keep us at the very forefront of our rapidly developing market.We were impressed with Advent's leading solutions."
John Kruijt
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