|By Marketwired .||
|May 14, 2014 05:00 AM EDT||
SAN FRANCISCO, CA and LONDON, UNITED KINGDOM -- (Marketwired) -- 05/14/14 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that CdR Capital, a private investment office based in Geneva, Switzerland, has selected Advent's award winning wealth management solution, Advent Portfolio Exchange® (APX), for portfolio management and client relationship management.
Launching their business with $1 billion in assets under management, CdR Capital offers a range of services to their clients including investment advice, asset allocation, fund selection, and consolidated reporting. The firm selected Advent's APX solution to help support the business's growth strategy going forward.
"We sought out a technology platform that would support our growth while allowing us to fulfill our commitment to providing best-in-class service to our clients. After extensive market research, we were pleased to choose Advent," said Steve Smith, Partner, CdR Capital. "We believe the future of successful wealth and asset management will be market knowledge coupled with technological efficiency and consolidated reporting. Advent's extensive knowledge of the industry, comprehensive functionality, and strong commitment to the region were key reasons why we chose APX."
APX is the integrated portfolio and client management solution that puts everyone in a firm -- from executives to portfolio managers to operations -- on the same platform. With APX, portfolio, client, and prospect marketing data is centralized on one platform. People can get the information they need quickly, with customizable dashboards, a vast report library, and robust custom reporting capabilities.
"We are delighted that CdR Capital has chosen Advent to support its business and join our growing client base in Switzerland. The investment management landscape in Switzerland is rapidly changing with increased regulation and consolidation. To meet these challenges, firms need a comprehensive operations infrastructure and a strong technology collaborator to help them thrive in this new environment," said Hakan Valberg, President of Advent Software EMEA. "We look forward to working with CdR Capital and building a strong relationship as they grow their business in the coming years."
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.
Advent, the Advent and logo composite, 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.
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