Leading Hedge Fund Product Recognized at Global Custodian’s Inaugural Technology, Consultancy and Law Awards
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that its global portfolio management product, Geneva®, has been selected as the “Best Fund Accounting Technology Platform” in Global Custodian’s 2013 Awards for Excellence.
In 2013, the Global Custodian Awards for Excellence added new categories to recognize technology firms that are delivering innovative solutions to the international securities services and alternative industries. Advent was honored along with other winners at Global Custodian’s 2013 Awards for Excellence and 25th Anniversary Dinner at The Harvard Club of New York City.
“We are thrilled to be recognized by Global Custodian for Advent’s excellence in fund accounting technology,” said Chris Momsen, Executive Vice President for Sales and Solution Management, Advent Software. “Advent’s solutions help support our clients’ needs from the fund to the investor level in different currencies and legal entity structures. Our commitment to investing in ongoing product enhancements has made Advent the go-to fund accounting platform for hedge funds, institutional asset managers, fund administrators, prime brokers, family offices, private equity firms, and fund of funds, and we look forward to continuing our legacy of innovation.
“Global Custodian is pleased to select Advent Software as the Awards for Excellence winner in the category of best fund accounting technology provider,” said Alexandra DeLuca, Editor, Global Custodian. “With 25 years of providing news and analysis for the international securities services community, Global Custodian has an inside view into what industry professionals need from their technology providers. Advent was the clear standout choice for this award.”
Advent adds the Global Custodian Award for Excellence recognition to a long list of accolades won in 2013 including Best Portfolio Management and Accounting Systems, Markets Media Choice Awards; Excellence in Alternative Investments Technology Provider USA, IAIR Asset Management Awards; Best Research Management Tool, Systems in the City Awards; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider, MENA Fund Manager Fund Services Awards; Technology Vendor of the Year, Citywealth Magazine; and Best Technology Provider, HFMWeek.