LONDON and SAN FRANCISCO – December 13, 2007 – Advent Software, Inc., (NASDAQ: ADVS), the leading provider of software and solutions for the global investment management industry, today announced that Square Capital LLP has selected Advent Portfolio Exchange® (APX), Advent’s award-winning, next generation portfolio management solution, and Moxy®, Advent’s industry-leading trade order management system.
London-based Square Capital is a multi-family office with approximately $500 million in assets under management. In view of its growth projections for the next three years, Square Capital wanted a robust, scalable solution to provide an automated and efficient operational infrastructure while allowing the firm to continue delivering its superior level of client service.
“We searched the market for a solution that was able to offer a high level of order execution, portfolio monitoring and client reporting capabilities so that we could maximize internal productivity and best meet client service expectations,” said Hugues Decobert, Managing Director of Square Capital. “We chose Advent because they demonstrated a deep understanding of our requirements, and their integrated suite provided us with flexibility and scalability. With APX and Moxy®, we will be able to leverage a range of functionality from portfolio modeling and trade execution, to portfolio management, performance analytics and comprehensive operational and client reporting.”
“We are very pleased that Square Capital has selected Advent’s product suite, and entrusted us with supporting their future growth,” said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. “The fact that a wealth manager of Square Capital’s calibre and growth potential has chosen to leverage our solutions reflects our status as a proven provider for this market segment. Our clients repeatedly tell us how well our integrated solution meets their needs to strengthen their operational infrastructure and provide superior client service.”
About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX), Advent’s next generation portfolio management product, fully integrates the front office functions of client relationship management with the back office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today’s amplified compliance environment.
Moxy® is the industry’s most widely used trade order management system, with more than 750 clients worldwide. Moxy® automates trading and order management processes for a comprehensive array of instruments, and features portfolio modeling, rebalancing, and what-if scenarios; intra-day order management; pre- and post-trade compliance checking; and electronic order routing and trade execution.
Advent Software, Inc. (www.advent.com), a multinational company, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in more than 60 countries use Advent technology and manage investments totalling more than US $14 trillion. Advent’s quality software, data and services enable financial professionals to improve service and communication to their clients, helping them grow their business while controlling costs. For more information about Advent in EMEA visit www.adventemea.com.
Advent, Advent Portfolio Exchange and Moxy are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software EMEA
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