Advent Receives Recognition for Achievement, Innovation, Expertise and Service in the Private Wealth Industry
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has been recognized as “Best Technology Provider” in the 2012 Citywealth Magazine Magic Circle Awards in London.
Advent provides solutions for the investment management community, including wealth managers, asset managers, private banks and family offices in more than 60 countries, through teams of local experts spread across 15 offices worldwide. The solutions and services enable wealth management professionals to improve compliance, customer service and automation for their clients, allowing them to grow their businesses while controlling operational risks and costs. Advent is dedicated to improving its solutions and regularly meets with clients to discuss their evolving needs. Additionally, the company has consistently invested approximately 17-18% of annual revenues in R&D, and is leading the industry in bringing cloud and mobility solutions to the investment management industry.
The Citywealth Magic Circle Awards are now in their seventh year, and are judged by a mix of industry peers and online voting. According to Karen Jones, Editor, Citywealth, “Advent really deserves this win. They have worked tirelessly to gain trust and bring relevant products to market.”
“This is the first year that Citywealth has included a ‘Best Technology Provider’ category and we’re very honored to receive this recognition,” said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. “We are committed to delivering innovative, reliable solutions to support our clients’ business objectives and recently launched our global platform for asset and wealth managers, which integrates all of Advent’s industry-specific products to support key workflows and data across the entire investment process. We understand that each client and market we serve has unique needs and requirements. Therefore, we are delivering new, customizable functionalities to fit local requirements and make it easier for our clients to succeed in the markets in which they do business.”