SAN FRANCISCO – April 1, 2015 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, was named ‘Best Front Office Solution’ for its Advent Portfolio Exchange® (APX) solution at the 2015 Family Wealth Report Awards. The award was presented at a dinner held at the Mandarin Oriental, New York on March 12, 2015.
Showcasing ‘best of breed’ providers in the global private banking, wealth management, and trusted advisor communities, the awards were designed to recognize companies, teams, and individuals, deemed by the panel of judges, to have ‘demonstrated innovation and excellence during 2015.’ Advent was one of five firms to be shortlisted in the Front Office Solution category, and the win is a great recognition of Advent’s leadership in the industry. Other Advent solutions were selected as finalists for the ‘Best Portfolio Management,’ ‘Best Client Communications and Reporting,’ and ‘Best CRM System’ categories.
ClearView Financial Media’s CEO, and Publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to all the winners. He said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognize the very best operators in the private client industry, with ‘independence’, ‘integrity,’ and ‘genuine insight’ the watchwords of the judging process - such that the awards truly reflect excellence in wealth management.”
Deployed on-site or in a hosted environment, APX is a highly scalable solution that integrates portfolio management, CRM, and client reporting on a single platform, making it the solution of choice for over 900 firms ranging from large global wealth managers to startup firms. In addition, APX clients have access to Advent Direct® Community, Advent’s online client experience that delivers direct engagement with Advent and unlocks a valuable ecosystem of clients, partners, employees, and experts. Within Advent Direct® Community, the Product Idea Exchange encourages clients to influence the solution roadmap. In 2014, this feature resulted in the delivery of eight client-driven updates, including enhanced workflow automation and the ability to integrate social media content.
Commenting on the firm’s recognition, Anthony Sperling, Executive Vice President for Global Customer Experience, Advent Software, said: "We are delighted that APX has been honored as the leading front office solution for the wealth management market. We are always looking for ways to deliver greater innovation and value to our clients. The continued adoption of Advent Direct® Community was a clear factor in our success this year, as it has been incredibly well-received by our client base and continues to enrich the experience of professionals in the front office who are interested in tapping into best practices of colleagues in the space.”
Advent adds this award to a long list of accolades for APX over the last 12
months, including: Best Portfolio Management Solution and Best Client
Communications and Reporting Solution Awards, WealthBriefing; GCC Regional
Awards 2014; Best Buy-Side CRM Platform, Buy-Side Technology Awards 2014; Client
Reporting System, Systems in the City; Best Client Reporting Solution, FTF News
Technology Innovation Awards; Best Portfolio Management Solution, WealthBriefing
European Awards 2014; Best Client Communications & Reporting, WealthBriefing
Switzerland & Liechtenstein Awards 2014; Best Client Relationship Management
(CRM) System, Family Wealth Report.
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we've helped over 4,300 firms in nearly 50 countries — from established global institutions to small start-up practices – to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit http://www.advent.com.
Advent, Advent Software, Advent Portfolio Exchange, and the Advent and logo composite are registered marks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
About ClearView Financial Media Ltd (“ClearView”)
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.
With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.
Advent Software, Inc.
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