âBeing ranked in the FinTech 100 is a significant achievement and we appreciate the continued recognition of Advent as a global financial technology leader,â said Stephanie DiMarco, Chief Executive Officer and Founder of Advent. âAdventâs innovative solutions and services have always been mission-critical, but never more so than today, as firms increasingly focus on compliance and reducing operational risk. We are honored by the trust our more than 4,500 investment industry clients place in us to help run their operations.â
The FinTech 100 is based on fiscal year end revenue and the percentage of revenue attributed to financial services, as well as from data gathered from vendor surveys, independent research, and market analysis. The rankings are compiled by American Banker, Bank Technology News and Financial Insights, an IDC company.
This award is the latest in a series of recent industry recognition for Advent that includes: Best Portfolio Management System, Waters Magazine; Best Buy-Side Portfolio Accounting Product, Buy-Side Technology; Top Fund Accounting and Reporting System, Hedgeweek; and Best Managed Account Platform Technology, HFMWeek.