Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent’s platform for asset management has been recognized for “Excellence in Performance Measurement” by FSO Knowledge Xchange (FSOkx) at the 6th Annual Financial Services Industry Transformation and Outsourcing Strategies Forum awards ceremony. The annual award recognizes Advent as one of the most innovative companies that are leading and transforming the financial services industry.
According to Rekha Vatsa, FSOkx CEO, “A panel of judges, made up of thought leaders and visionaries in the financial services sector, evaluated the best performers using a methodology that included internal research, market intelligence, nomination form review and feedback from end users. After our comprehensive evaluation of the wide range of industry solutions available today, we were very impressed by Advent’s solution for its innovation, interoperability, superior features and functionality, and customer benefits.”
Advent’s platform for asset management brings greater focus to the front office and to decision-makers with customizable dashboard views and business intelligence reporting capabilities. It’s built on an open architecture and works well with other mission critical solutions that investment managers rely on.
The platform offers Advent Portfolio Exchange® (APX), Moxy®, Advent Rules Manager®, Advent Revenue Center®, Advent® General Ledger Exchange (Advent® GLX), Tradex®, Advent Corporate Actions® (ACA), and Advent Custodial Data™ (ACD) for clients to select among in order to support key workflows and data across the entire investment process. The core functionality of the platform includes performance measurement reporting, performance attribution, automated report packaging, an integrated CRM, and a complete audit trail. Advent’s platform helps clients reduce operational costs, increase productivity, improve decision-making and portfolio management, and can be easily scaled for future growth.
“Our clients depend on us to deliver accurate, flexible and sophisticated reporting that supports better decision-making and improved client communication, and we are honored to receive this distinguished award from FSOkx,” said Anthony Sperling, Senior Vice President and General Manager of Advent’s Asset Management Group. “With the rise of cloud, social and mobile technologies, the investment management industry is going through a fundamental shift, and Advent is proud to have a track record of successfully leading clients through changes like this while continuing to deliver the industry’s most trusted technology solutions for running the business of investment management.”