Stockholm-based Catella is one of Swedenâs leading independent asset managers with approximately $5 billion in assets under management. Catellaâs services include fund management, special mandates and strategic asset allocation for institutional and private investors. With its business expanding and customer requirements becoming more personalised, Catella sought a solution with integrated fund management and discretionary asset management functionality on one single platform that could also meet local reporting requirements.
âOur asset management business entails complex strategic asset allocations and we found a solution that allowed us to continue our growth strategies and at the same time maintain our unique client focus. We also wanted a single point of entry for our trading which Adventâs solution provides,â said Stefan Widenfelt, CEO of Catella Asset Management.
âWe invited a broad range of vendors to showcase their solutions, but we chose the Advent Portfolio ExchangeÂ® / MoxyÂ® solution as we felt the integrated front- to back-office platform was best suited to our requirements,â added Widenfelt. âWe are pleased to have found a single business partner in Advent who can meet our end-to-end needs with an integrated offering.â
âWe are delighted that a company of Catellaâs market standing has chosen Advent. This is a strategic implementation, which demonstrates the powerful capabilities of APX and MoxyÂ® as an integrated solution,â said Hakan Valberg, General Manager for Advent EMEA. âOur ability to meet Catellaâs specific requirements highlights the proven scalability, flexibility and reliability of Adventâs solutions. This is another good example of the momentum we are continuing to build with our solutions in the European, Middle East and African markets,â added Valberg.