Advent Software Announces Trading Integration Partnerships from SIFMA

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it recently entered into an integration agreement with block execution system provider, Pipeline. In line with its recently announced trading integration strategy, this new relationship with Pipeline underlines Advent’s commitment to respond to the needs of its 800-plus Moxy® client base by providing a connection to a proven leader in the alternative liquidity marketplace.

Moxy® is the most widely used order management system (OMS) software in the industry, serving as the hub of the trading desk by providing access to the tools and destinations that traders require. The relationship will leverage the Moxy® 6.0 platform to create an easy-to-use and rapidly accessible integration between Moxy® and the Pipeline pool of liquidity. Launched last June, Moxy 6.0 is the latest version of Advent’s leading trade order management solution, providing greater speed and powerful workflow enhancements to the trading desk.

“Integrating with Pipeline is consistent with Advent’s strategy to expand trading options for its Moxy® clients,” said Tim Decker, Product Manager of Electronic Trading & Connectivity at Advent. “Innovative new platforms are emerging and redefining how liquidity is accessed, and we will continue to deliver to our customers the value-added tools and strategies that meet their growing liquidity requirements. Pipeline, as a proven and established innovator in the market, is a natural partner for us in our efforts to source liquidity for our clients and we’re very pleased to add them to our growing list of trading and order management relationships.”

“The integration of the Pipeline block execution system with Moxy® will allow institutional traders to seamlessly access Pipeline’s predator-proof, conflict free liquidity solution,” said Fred Federspiel, President, Pipeline. “It will increase control, save time and empower the institutional trader to aggressively move large orders in and out of the market with the least chance of being detected and the best chance for best execution.”