London, England, 12th September 2005 - Advent Software, Inc.,(NASDAQ: ADVS), a leading provider of global investment management solutions, today confirmed its continued success with its Moxy®, Axys® and Geneva® solutions across Europe, Middle East and Africa. During the first half of 2005, 25 clients have successfully implemented Advent solutions for managing trade order processing, portfolio management, portfolio accounting and reporting functions.
"The increasing demand for our products and services is from a range of different organisations across EMEA including hedge funds, asset managers, wealth managers, private banks and family offices," said Håkan Valberg, General Manager EMEA. "Well established and successful companies such as Spinnaker in London, Pictet and Wegelin Fondsleitung in Switzerland, Terra Partners in Czech Republic, Beltone in Egypt and Alfa Capital in Russia are a demonstration of our capabilities to implement 'local' solutions. These companies join our growing list of clients which now exceeds 150 served by 6 offices across EMEA," confirmed Valberg.
"We have had an extremely busy first half of the year with 25 new implementations completed across the region," explained John Legrand, Director of Professional Services, Advent EMEA. "To meet this increasing demand we have expanded our implementation and support teams throughout EMEA to provide enhanced local support, speaking up to 14 languages. Our certified consultants possess a unique blend of expertise of both Advent's solutions and the EMEA marketplace which enables a professional and rapid implementation of our solutions," said Legrand.
Advent's comprehensive range of investment management solutions include:
Geneva® - the industry's premier global investment accounting and portfolio management solution which solves the complex challenges faced by global asset managers, mutual funds, hedge funds, fund administrators and prime brokers, with unmatched scalability and efficiency. In addition to its respected presence in the hedge fund industry, Geneva® is also used by seven of the top 10 global prime brokers and six of the top 10 global fund administrators.
Moxy® - the industry's most widely used trade order management system with over 700 clients. Moxy features portfolio modeling, rebalancing, and what-if scenarios; intra-day order management; pre- and post-trade compliance checking; and electronic order routing and trade execution.
Axys® - a comprehensive and powerful accounting and reporting system that enables firms to easily manage an extensive range of investment instruments, resulting in efficiencies that allow them to grow their business without increasing overhead, and focus on differentiating their services.
Advent Software, Inc., a multi-national company, has been providing trusted solutions to the world's leading financial professionals since 1983. Firms in 50 countries using Advent technology manage investments totaling more than US $8 trillion. Advent's quality software, data and services enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs.
ADVENT GENEVA®, AXYS® and MOXY® are registered trademarks of Advent Software, Inc. or its subsidiaries. All other company names or marks mentioned herein are those of their respective owners
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