SOURCE: Advent Software, Inc.
SAN FRANCISCO, CA and LONDON--(Marketwire - Aug 6, 2012) - 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 'Best Portfolio Management System Provider' in Waters Magazine's annual readers' choice rankings. The Waters Rankings recognize technological excellence provided by vendors to end-users at banks, brokerages and investment management firms worldwide. The winners are based on a poll of the magazine's thousands of readers from buy- and sell-side investment firms.
"Now in its tenth year, the Waters Rankings honor companies and solutions based on technological capabilities and the value they provide to the industry. For the fourth consecutive year, Waters' readers selected Advent as the Best Portfolio Management System Provider, recognizing the company's innovation that is transforming the financial services industry, particularly the global investment management sector," said Victor Anderson, Editor-in-Chief of Waters Magazine and Waters Technology.
Advent offers purpose-built portfolio management solutions to meet the unique needs of specific segments of the investment management industry, including alternatives and hedge fund managers, asset managers, and advisory firms. Advent's portfolio management platforms make it easy for investment managers to ensure data accuracy and achieve greater operational efficiency, freeing up time and resources so that they can remain focused on the needs of their businesses and clients.
"We are very honored to receive this recognition once again from the Waters' readers. This award is a testament to our commitment to empowering investment managers to be more responsive to their clients by eliminating boundaries between systems and information. We enable our clients to make better-informed, more timely decisions and implement them with speed and accuracy," said Pete Hess, CEO and President, Advent Software. "By streamlining investment operations, helping control costs and manage risk, Advent helps firms grow their businesses and better serve clients. With our successful 30-year track record of leading clients through major technology and industry shifts, we continue to invest in our award-winning solutions leveraging the benefits of new technologies, including cloud, mobile and social media, while setting the bar for investment management technology vendors worldwide.
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 60 countries count on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling operational risks and costs. For more information on Advent products visit http://www.advent.com/about/resources/demos/pr.
Advent, the Advent logo and Advent Software are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.