Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced its recognition as “Best Portfolio Management Solution” and “Best Client Communications and Reporting Solution” at the inaugural WealthBriefing Gulf Co-operation Council (GCC) Region Awards 2014 ceremony held in Dubai.
Showcasing ‘best in class’ providers in the global private banking, wealth management, and trusted advisor communities, theWealthBriefing awards recognize companies, teams, and individuals which its panel of judges deem to have demonstrated innovation and excellence during 2014.
ClearView Financial Media’s CEO and Publisher of WealthBriefing, Stephen Harris, was first to congratulate the winners, saying: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards focused on the client experience, not quantitative performance metrics which is a unique, and I believe, compelling feature. These awards recognize the very best operators in the private client industry, with ‘independence,’ ‘integrity,’ and ‘genuine insight,’ the watchwords of the judging process - such that the awards truly reflect excellence in wealth management.”
The judges affirmed the decision to award Advent “Best Portfolio Management Solution,” saying, “This company is a well-established and innovative firm. Their solutions are well thought-out and customized to suit their client’s needs. Overall they demonstrate professionalism, commitment, and service excellence. Their growth reflects this.”
Regarding the decision to also award Advent with “Best Portfolio Management Solution, the judges said “The winner of this award is a company that has been committed to this region for ten years in offering tailored solutions for its banking clients. It has invested in client reporting and has done much to engage clients.”
Håkan Valberg, President, EMEA, Advent Software, said, “It is a great honor to be recognized in the Inaugural WealthBriefing GCC Awards. These awards demonstrate our commitment to the region through our on-the-ground team of local professionals who have a deep understanding of the regional industry trends and challenges, as well as the support and resources of the Advent global network. This has been our model for our clients in the Middle East since we established our presence in 2005 and is the reason why we are one of the leading providers of investment management solutions in the region.”
Advent adds this award to a long list of accolades over the last 12 months, including: Best Buy-Side Portfolio Accounting Platform and Best Buy-Side CRM Platform, Buy-Side Technology Awards 2014; Best Fund Accounting and Reporting Software, HFM US Hedge Fund Services Awards; Best Technology Provider, Investment Week Fund Services Awards 2014; Best Client Reporting System, Systems in the City; Best Client Reporting Solution, FTF News Technology Innovation Awards; “Best Portfolio Management Solution” atWealthBriefing European Awards 2014, Best Client Communications & Reporting, WealthBriefing Switzerland & Liechtenstein 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.