FT Interactive Data and Advent Europe, which provides investment management solutions to financial services organisations, have been working together,on a non-exclusive basis, to develop this seamless integration of Advent Office with FT Interactive Data’s desktop portfolio administration service, FTS.
John Peck, FT Interactive Data’s European Sales & Marketing Director adds: "Both FT Interactive Data and Advent Europe share strong views on client focus. As we specialise in ‘hard-to-value’ unlisted fixed income instruments, this will help both large and small clients with illiquid local securities
which are priced on request."
Torbjorn Tenmann, Advent Europe’s CEO comments: "FT Interactive Data has great depth and breadth of coverage of global securities pricing,dividend, corporate action and descriptive data, including equities, bonds, funds and other financial instruments. They also have a very strong institutional client list around the world. Together we can provide a flexible ready-to-use data feed interface that directly links all our clients in Europe to one of the strongest data providers in the world."
The interface is currently being tested by a number of European clients including AP3, one of Sweden's state pension funds that manages assets worth
SEK 130 billion.
