SAN FRANCISCO and NEW YORK - September 11, 2008 – Capco, a global provider of integrated transformation services, and Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the investment management industry, announced today that Capco has been designated as one of Advent’s Premier Consulting Partners. Capco will deliver consulting and implementation services for Geneva®, Advent’s award-winning portfolio management and fund accounting platform.
Capco will support clients that are using Geneva® worldwide with a broad range of service offerings and solutions. Capco professionals ensure industry expertise with a dedicated practice for Geneva® and a focus on capital markets and the investment management industry. With over 600 industry-focused professionals onshore and 2000 professionals offshore, Capco can readily mobilize teams of experienced Geneva® professionals to support large scale client requirements.
By offering a complete service from implementation planning and design to consulting services for Geneva® clients, Capco is unique in the market. The Advent partnership is fully supported by Capco’s global delivery model encompassing the full range of design, build and operate service offerings; and Capco will continue to offer core consulting services including business operating model analysis, workflow and architecture design, implementation, data migration, custom reporting and program management for Geneva® clients.
“Advent has been providing trusted solutions to the world’s leading financial professionals for over 25 years. We are very excited to be chosen as one of their Premier Consulting Partners,” said Rob Heyvaert, Chief Executive Officer of Capco. “The achievement of this prestigious level of designation supports us in our next generation business model and confirms our strong relationship with Advent.”
“We are very pleased to introduce Capco as one of our Premier Consulting Partners,” said Todd Gottula, Senior Vice President and Co-Head of Global Accounts for Advent. “The blend of their deep industry expertise and proven global delivery expertise sets Capco apart from other players in the market. We are confident that this partnership will improve service and communication with our clients and increase their revenue, while reducing costs and enhancing control.”
Capco is the global provider of integrated transformation services to the Financial Services Industry. With offices in North America, Europe and Asia, Capco provides integrated Consulting, Technology and Managed Services activities. Capco combines its exclusive focus on financial services with a Global Delivery Model.
Our Service Offerings are engineered by financial services experts exclusively for the Financial Services Industry. As pioneers of transforming operational capability and efficiency, we help clients successfully increase revenue, reduce costs and enhance control. We merge innovative thinking with an unrivalled knowledge of our industry. For more information, please visit www.capco.com.
Geneva®, a global investment management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data. Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures. For more information on Geneva®, click here.
Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in 60 countries use Advent technology and manage investments totaling nearly US $18 trillion. Advent’s quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support organization. For more information, click here.
The Advent logo, Advent Software and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software, Inc.
Pieter De Wit/Jothi Blontrock
+32 3 466 01 88