SAN FRANCISCO and LONDON – March 19, 2015 – Advent Software, Inc. (NASDAQ: ADVS),
a leading provider of software and services for the global investment management
industry, today announced that it was named “Best Portfolio & Accounting
Solution 2015” by the leading publication to the alternatives markets, The Hedge
Fund Journal.
Geneva®, Advent’s global investment management and accounting platform for asset
managers, hedge funds, fund administrators, prime brokers, and mutual funds,
provides a high level of operational efficiency and easy access to real time
data for over 300 clients in 28 countries. It offers comprehensive instrument
coverage, financial general ledger, and industry-standard integration tools
enabling firms to manage complex investment strategies and fund structures.
“Advent continues to be an important player in the alternatives markets,
developing innovative solutions to help firms better manage their investment
operations, counterparty risks, and the increasingly complex regulatory
environment,” commented Rod Sparks, publisher of The Hedge Fund Journal. “In
times when firms are looking to get more from their existing platforms, while
tightly managing operational costs, solutions from highly respected firms like
Advent are welcomed by the industry.”
“We are proud to receive this award, which is another nod to Advent’s success in
driving innovation in the alternatives industry, where we have a range of
award-winning solutions covering portfolio management, fund accounting, and
research management,” said Håkan Valberg, President, Advent Software EMEA.
“Industry changes have led investment managers to demand more flexibility when
it comes to balancing and managing counterparty risk, while still providing a
competitive service to their clients. In an effort to stay ahead of industry
change, we work closely with our clients over the long term to understand these
trends, and we invest heavily in our solutions, delivering important product
upgrades each year.”
Advent adds this award to a long list of accolades it has earned over the last
12 months, including: European Back & Middle Office Provider of the Year, Funds
Europe Awards; Best Fund Accounting and Reporting Software Provider, MENA Fund
Manager Fund Services Awards 2015; Best Portfolio Management Solution and Best
Client Communications and Reporting Solution Awards, WealthBriefing GCC Regional
Awards 2014; Best Buy-Side Portfolio Accounting Platform and Best Buy-Side CRM
Platform, Buy-Side Technology Awards 2014; Best Fund Accounting and Reporting
Software, HFM US Hedge Fund Services Awards; Best Technology Provider,
Investment Week Fund Services Awards 2014; Best Client Reporting System,
Systems
in the City; Best Portfolio Management Solution, WealthBriefing European Awards
2014; Best Client Communications & Reporting, WealthBriefing Switzerland &
Liechtenstein Awards 2014; Leading Margin Management Provider Award, The
Hedge Fund Journal; Best Fund Accounting and Reporting System 2014,
Hedgeweek; Best Technology Platform 2014, Private Asset Management Magazine; and
Best Fund Accounting Platform, Global Custodian.
About Advent
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, Geneva, 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.
Contacts:
Paul Watthey
Advent Software EMEA
+44 (0) 20 7631 9211
paul.watthey@advent.com
Kendall Reischl
Advent Software, Inc.
+1 (415) 645-1771
kreischl@advent.com