Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent Portfolio Exchange® (APX) was awarded “Best Client Reporting System” at the Systems in the City Awards 2014 ceremony in London.
Managed by Goodacre UK, one of the leading specialist consultancies for the securities industry, the Systems in the City Awards, now in their 16th year, acknowledge and recognize service and system suppliers for the regulated financial services sector. Nominees and winners were selected by an independent panel of judges.
APX is an end-to-end portfolio management product that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting. This enterprise product 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.
Stephen Pinner, Managing Director, Goodacre UK, acknowledges the winners saying, “Regulated firms are reliant on systems suppliers for high-quality and compliant services. While these companies are seldom in the limelight, they are very much the unsung heroes of the investment business. These Awards are intended to acknowledge their hard work, ingenuity, and innovation.”
“We are honored to once again be recognized in the Systems in the City Awards as a leading solutions provider for asset and wealth managers,” said Håkan Valberg, President, EMEA, Advent Software. “In today’s dynamic regulatory environment, technology plays a critical role in helping firms meet compliance requirements and we work hard to help improve our clients’ competitive edge.”
Advent adds this award to a long list of accolades in 2014, including: Best Client Reporting Solution, FTF News Technology Innovation Awards; “Best Portfolio Management Solution” at WealthBriefing European Awards 2014, Best Client Communications & Reporting,WealthBriefing Switzerland & Liechtenstein Awards 2014; Best Fund Accounting and Reporting Systems Firm, Hedgeweek U.S. Awards 2014; Best Client Relationship Management (CRM) System, Family Wealth Report; Leading Margin Management Provider Award, The Hedge Fund Journal; Best Fund Accounting and Reporting System 2014, Hedgeweek; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider from MENA Fund Manager Fund Services Awards 2014; Best Technology Platform 2014,Private Asset Management Magazine; and Best Fund Accounting Platform from Global Custodian.
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we've helped over 4,300 firms in over 50 countries — from established global institutions to small start-up practices – to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management.