SAN FRANCISCO, CA and LONDON, UNITED KINGDOM--(Marketwired - Jun 4, 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 Portfolio Management Solution" at the WealthBriefing European Awards 2014.
Showcasing 'best of breed' providers in the global private banking, wealth management, and trusted advisor communities, the WealthBriefing awards recognize companies, teams, and individuals deemed by the judges to have 'demonstrated innovation and excellence during 2013.' Commenting on Advent's award, ClearView Financial Media's CEO and Publisher of WealthBriefing, Stephen Harris, recognized Advent as one of the best operators in the private client industry, with 'independence,' 'integrity,' and 'genuine insight,' the watchwords of the judging process.
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.
"We are honored to be recognized as a leading solutions provider for wealth managers in Europe by WealthBriefing," said Håkan Valberg, President, EMEA, Advent Software. "With the many challenges facing wealth managers today, ranging from new regulations and more demanding clients, to the pressures associated with running a profitable organization, 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 Solution, FTF News Technology Innovation Awards; Best Client Communications & Reporting, WealthBriefing Switzerland & Liechtenstein Awards 2014; 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; and Best Fund Accounting Platform from Global Custodian.