Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced it has been recognized as “Best Technology Provider” at theInvestment Week Fund Services Awards 2014. The awards honor service providers who can demonstrate that they possess the knowledge, drive, and expertise to provide solutions to the fund management industry in the most seamless, efficient, and innovative way.
With continuing regulatory pressures and the need for accuracy and transparency placing high demands on fund management groups, the Fund Services Awards give providers the opportunity to showcase their expertise and ability to fulfill the increasingly complex needs of the fund management industry.
Deborah Benn, chair of the judging panel, commended the winners, saying: "Once again, we had an impressive set of finalists, which made it tough for the judges in quite a few categories. Solutions that impressed demonstrated an outstanding amount of flexibility and integration in addressing the challenges clients face. The judges thought Advent Software showed great examples of the use of technology to solve complex business problems, with solutions that demonstrated impressive scale and results.”
Now in its 20th year, Investment Week is one of the leading publications in the UK for wealth managers and is well-regarded throughout the industry with its extensive coverage of current trends in asset allocation, fund and product analysis, regulation, and economic issues.
“We are thrilled to be recognized as a leading technology provider for wealth and asset managers by Investment Week,” said Håkan Valberg, President, EMEA, Advent Software. “We collaborate closely with our clients to make our solutions easy to implement, upgrade, and operate, while ensuring we have a global support structure in place to provide expert assistance when needed. With the pace of business, regulatory, and technology changes moving faster than ever, a long-term relationship with a trusted technology partner is critical to a firm’s success.”
Advent adds this award to a long list of accolades over the last 12 months, including: Best Client Reporting System, Systems in the City; Best Client Reporting Solution, FTF News Technology Innovation Awards; Best Portfolio Management Solution, WealthBriefing European Awards 2014; Best Client Communications & Reporting, WealthBriefing Switzerland & Liechtenstein Awards 2014; Best Client Relationship Management (CRM) System, Family Wealth Report; Leading Margin Management Provider Award, The Hedge Fund Journal; Best Fund Accounting and Reporting System 2014, Hedgeweek; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider, MENA Fund Manager Fund Services Awards 2014; Best Technology Platform 2014,Private Asset Management Magazine; and Best Fund Accounting Platform, Global Custodian.