Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that TradexÂ® 4.0, the newest version of Adventâs industry leading solution for fund order management and distribution, is now available in EMEA markets.
TradexÂ® is a web-based system that is easy to use, and allows firms that distribute funds to replace labor-intensive manual procedures for fund share order processing with a highly automated work flow, all the way from order entry to settlement. TradexÂ® helps these firms increase operational efficiencies and provide superior client service for fund order management and distribution, and can be tailored for any client in any market.
âThe order processing of mutual funds and other funds requires tremendous manual effort and is complex, especially when you have high volumes. We chose TradexÂ® to simplify this process through enhanced automation, thereby increasing efficiency with reduced keying time and much lower error rates,â said Petter Borg, chief executive officer at Pareto Asset Management. âWith TradexÂ®, we can provide an improved experience to our clients with online services and a much faster order execution process.â
Features of the TradexÂ® 4.0 release include:
â¢ Access to TradexÂ® Online for your clients anytime, anywhere for self-service.
â¢ Enhanced security for login, approvals and encryption.
â¢ Simplified order management processes.
â¢ Easier access to currency orders and ability to correct rates.
â¢ Enhanced configuration, including approval settings, e-mail attachments, and more.
âOur solutions are designed to offer our clients streamlined workflows to achieve maximum efficiency, so they can remain focused on their key business objectives. This new release of TradexÂ® is a good example, as it is even easier to use and more customizable, allowing users to customize the solution to match their workflows and requirements â not the other way around,â said Hakan Valberg, senior vice president and general manager, Advent Software, EMEA. âTradexÂ® is a powerful solution that can add considerable value to fund management operations.â