Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, announced today the opening of its Singapore office. The office is Adventâs third in Asia, which includes offices in Hong Kong and Beijing. It will cater to clients across the region and significantly strengthens Adventâs presence in the fast-growing Asia market.
âWe have experienced tremendous momentum in Asia, having doubled our client base in the region in the past 12 months. The Singapore office will help accommodate this increased momentum and further enhance Adventâs ability to deliver innovative, reliable solutions to the investment management community,â said Peter Hess, President of Advent. âThis move demonstrates Adventâs commitment to the region and allows us to better serve the diverse needs of our expanding customer base.â
Adventâs Singapore office will help support the growing number of clients in Asia who already depend on GenevaÂ®, its award winning global portfolio management and fund accounting solution, which integrates all phases of the investment management processâportfolio management, accounting and reporting, client investor management, and light trade capture and risk capabilities. The new office will also service users of Tamale RMSÂ®, Adventâs industry leading research management solution, which helps standardize the research process, streamline workflow, and improve the investment decision making process.
âWe are extremely excited that, within just two years, we are able to open our third office in Asia,â commented Guillermo Orselli, Director of Business Development, Asia Pacific, at Advent. âThis rapid growth is in response to the interest level that investment professionals have already shown in Adventâs solutions, as well as our clientâs strong desire to keep pace with best-of-breed technology.â
In addition to Asia, Advent also has offices throughout North America, Europe and the Middle East.