LONDON and SAN FRANCISCO, CA--(Marketwired - Jun 12, 2013) - Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has been named 'Technology Vendor of the Year' at the 2013 Citywealth Magic Circle Awards, hosted by Citywealth magazine in London. The annual industry award, now in its eighth year, was presented to Advent for the second consecutive year for its industry-leading solution for wealth managers -- Advent Portfolio Exchange® (APX).
The Citywealth Magic Circle Awards are determined by a collaboration of industry practitioners and readers of Citywealth magazine, who were looking to recognize firms that excel in providing innovative solutions and superior client service.
According to Karen Jones, Editor, Citywealth, "I am delighted that Advent has taken the award for the second year. Again they really deserve this win. They have radically changed their business model to bring relevant products to market." The judges commended Advent on their win, which also included online voting from the industry of 9,500 votes.
As a premier, global wealth management solution, APX has enabled over 900 investment management firms in 35 countries to transform their business by improving workflows, streamlining processes, and providing easy access to information. With customizable dashboards, global portfolio management capabilities and report customization, APX helps support the growth and maximize the efficiency and transparency of a firm's business, enabling delivery of superior client service.
"We're thrilled to win this award as this recognition by the readers of Citywealth is a testament to our role as a leader in delivering best-in-class solutions for wealth managers in the region," said Håkan Valberg, President EMEA, Advent Software. "We continue to see an increased demand from firms acknowledging the need for comprehensive solutions incorporating industry best practices, supported by local teams with high levels of expertise. This is a testament that Advent is trusted partner for growth in the UK and throughout Europe."
Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world's financial professionals since 1983. Advent's proven solutions can increase operational efficiency, reduce risk, and eliminate the boundaries between systems, information and people so you can focus on what you do best. With more than 4,500 client firms in over 60 countries, Advent has established itself as a leading provider of mission-critical solutions to meet the demands of investment management operations around the world. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization. For more information on Advent products visit http://www.advent.com/about/resources/demos/pr.
Advent, the Advent logo, Advent Software, and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.