SAN FRANCISCO, CA and LONDON, UNITED KINGDOM--(Marketwired - May 13, 2014) - Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent Portfolio Exchange® (APX) was awarded "Best Client Communications & Reporting" at the WealthBriefing Switzerland & Liechtenstein Awards 2014 in a ceremony in Geneva, Switzerland. The award recognizes excellence among technology solution providers specializing in tools for Swiss and Liechtenstein-based wealth managers to communicate with their clients.
According to the judging panel for the WealthBriefing awards, which was comprised of experts from private banks, Advent won this award since "Advent is a global market leader with a big emphasis on compliance. Their sheer number of users and high market penetration also made this a very strong submission."
Advent Portfolio Exchange® (APX) is an end-to-end portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment.
"This recognition by WealthBriefing serves as a testament to our role as a leader in delivering best-in-class solutions for wealth managers in Switzerland and Liechtenstein," said Håkan Valberg, President, EMEA, Advent Software. "We continue to see increased demand in Central Europe for our solutions, and with over 40 clients and counting, we can demonstrate our ongoing commitment to firms in the region as a trusted partner for long-term growth."
Advent adds this award to a long list of accolades over the last 12 months that include: Best Fund Accounting and Reporting Systems Firm, Hedgeweek U.S. 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 from MENA Fund Manager Fund Services Awards 2014; Best Technology Platform 2014, Private Asset Management Magazine; Best Fund Accounting Platform from Global Custodian; Best Portfolio Management and Accounting Systems, Markets Media Choice Awards; Best Research Management Tool, Systems in the City Awards; and Technology Vendor of the Year, Citywealth Magazine.
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of‐the-curve solutions, we've helped over 4,300 firms in more than 50 countries -- from established global institutions to small start-up practices -- to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit http://www.advent.com.
The Advent and logo composite and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc. Any other company names or marks mentioned herein are those of their respective owners.