San Francisco, CA, January 4, 2005 - As the trade order management industry enters into a new year, Advent Software (NASDAQ: ADVS) today revealed what it predicts will be the top five TOMS trends for 2005. Based on the company’s deep experience in the industry and ongoing feedback from its 650 TOMS clients, Advent forecasts that the 10 year-old industry will encounter the following developments:
“As an industry, we’ve witnessed several changes in 2004 – from increased regulatory demands to globalization – all of which will continue to affect how we do business in 2005. We’re also seeing some new developments on the horizon such as consolidation among networks and the need for vendors to evolve their services in fresh directions,” said Mike Gamson, director of Advent’s trade order management and compliance group. “By staying ahead of these developments, we hope to better meet the changing needs of our own clients, while influencing the future of the TOMS industry.”
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 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 Software, Inc.
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