âAs Advent celebrates its 25th anniversary, itâs especially gratifying to have had record-setting attendance at the conference this year,â said Adventâs Chief Executive Officer and Founder, Stephanie DiMarco. âThe excellent turnout validates that Adventâs innovative product offering continues to play a crucial role in enabling our customers to streamline operations, enhance profitability and achieve new levels of client service and operational excellence.â
Adventâs conference is aimed at updating customers on new product functionality and industry trends, and included informative presentations on future product plans, client success stories, and corporate initiatives. Conference attendees gained valuable information from more than 150 interactive sessions presented by Advent product and industry experts as well as Advent customers. Attendees also took advantage of on-site product labs, where they participated in various demonstrations of Advent solutions, including its award-winning portfolio management platforms, Advent Portfolio ExchangeÂ® and GenevaÂ®, and MoxyÂ®, its leading trade order management solution.
The conference opened with a keynote speech by DiMarco. She discussed the current challenges and opportunities in the market; and explained how Adventâs products help customers to keep pace with, or ahead of, the rapidly evolving investment management industry by helping them meet high standards of quality and accuracy, comply with stringent regulations, and strengthen client relationships.
During her keynote, DiMarco also announced that Advent has signed a definitive agreement in which Advent will acquire Tamale Software, a leader in research management solutions (RMS). The acquisition, which is expected to close in the fourth quarter of 2008, will further extend Advent's footprint in the front office and will establish the company as a leader in the rapidly growing RMS market.
Added DiMarco, âWe are thrilled that news of the Tamale announcement was so well-received by clients, generating a lot of excitement and positive feedback. Our conference is all about our clients; their ideas and feedback are essential in helping us to continue enhancing our technology, building stronger software solutions and providing world-class client services and support.â