MoxyÂ® is the most comprehensive trading and order management toolset in the marketplace. With 800 clients, it is the industryâs most widely used trade order management system (OMS) by more than 250%, according to analyst estimates.* MoxyÂ® sets the standard for simplifying portfolio construction, execution, allocation and post-trade notification, improving portfolio performance and increasing trading desk productivity.
MoxyÂ®âs client base is comprised of a diverse range of investment management firms in the U.S. and EMEA region. Clients include asset managers, hedge funds, bank/trust asset managers and broker dealers and range in size from $250 million in assets under management to more than $60 billion. Currently, MoxyÂ® has more than 100 institutional and high-net-worth hybrid asset managers with over $5 billion in assets under management.
Dubuque Bank and Trust, one of the largest commercial banks in the state of Iowa, selected MoxyÂ® to gain better control of their work flow processes within their trade order management function.
MoxyÂ® has been the catalyst for a more efficient trading operation, enabling us to handle business growth without having to increase trading resources,â said Paul Peckosh, Executive Vice President, Dubuque Bank and Trust. âMoxyÂ® has allowed us to increase the level of automation, improve operational efficiency and upgrade our compliance processes -- and Adventâs dedicated MoxyÂ® support team has been invaluable.â
"We are very excited to reach this significant milestone -- surpassing the 800 customer mark is a testament to MoxyÂ®âs industry-leading capabilities and proven scalability,â said John Bird, MoxyÂ® Product Line Manager at Advent. âThe steady growth in MoxyÂ®âs customer base demonstrates Adventâs commitment to delivering a superior product, and providing the highest level of service to our clients.â
In June 2007, Advent launched MoxyÂ® 6.0, which marked another milestone in the evolution of Adventâs award-winning trade order management system. MoxyÂ® 6.0 features a new n-tier architecture that leverages Microsoft SQL 2005 and .NET 2.0, which offers clients greater scalability for growth. With the flexibility of MoxyÂ® 6.0, firms can customize order management to their individual needs and optimize their workflows.
*Source: Aite Group, âEMS v. OMS: Fiction or Reality?â by Sang Lee and Brad Bailey; January 2007.