AMSTERDAM – June 25, 2003 - Leading provider of investment management solutions Advent Europe, announces that Göttler Finanz AG has chosen Advent Office™ for its portfolio management and client reporting, as well as its trade order management solution. Founded in 1997, Göttler Finanz AG is a futures commisson merchant and investment bank. Its clients are typically high-net-worth individuals. With 40 employees and about 3.500 clients, the bank last year made almost 3 million euros.
Contacting client references
"Despite the difficult market conditions, investment institutions invest in new technology. They look across borders and contact client references to help them find the solution that best fits their needs and that can help them cut costs. We at Advent are truly grateful for the trust and commitment that our existing clients show towards working with us and helping us become a pan European success," says CEO of Advent Europe, Torbjørn Tenmann.
That great leap towards Straight-Through-Processing
Having outgrown its earlier solution called Broker Base, the bank has since 2001 evaluated numerous systems. "In contrast to using an integrated system provided by many vendors, requiring the completion of many forms, check lists and other manual tasks, we will now have one solution that provides the functionality, scalability, operational security that Göttler needs to convert to a fully licensed German bank. Advent will be that giant leap towards realising STP,"” says Michael de Man, Head of Operations at Göttler Finanz AG.
A future client reference
"All existing Advent clients we have spoken to have been references and have explained to us how they have benefited from the success of the solution in a live environment," concludes Mr. de Man. "Being live with the solution, we look forward to joining the existing client base of Advent Europe as an Advent client reference."
Advent Netherlands B.V. is a subsidiary of Advent Software, Inc. serving the Benelux, German and Middle East markets.
Advent Software, Inc. has been providing trusted solutions to the worlds' leading asset managers since 1983. Firms in 55 countries use Advent technology to manage investments totalling more than $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent's common stock is traded on the NASDAQ National Market under the symbol ADVS.
Advent Software, Inc. is located at 301 Brannan Street, San Francisco, CA 94107, telephone +1 415 543 7696, www.advent.com. Advent Software, Inc. is a registered trademark of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.
Anne Line Lande, Marketing Manager
Michael de Man, Head of Operations
Göttler Finanz AG