Signia Wealth Selects Advent to Achieve Improved Performance and Client Service
LONDON and SAN FRANCISCO, CA -- (Marketwire) -- 08/13/12 -- Advent Software (ADVS) , Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Signia Wealth has selected Advent's award-winning platform for asset and wealth management* to deliver portfolio, client relationship and trade order management, which will enable Signia Wealth to better deliver world-class client service.
Signia Wealth is a fast-growing wealth management firm with offices in London and Birmingham. Signia Wealth caters to high-net-worth individuals, and has £ 2 billion in assets under supervision. When Signia Wealth decided to move from their legacy system, the firm selected Advent's platform for asset management to help them deliver superior client service while improving operational efficiency.
"Advent's reputation of delivering value for its clients was an important factor for us," said Ammalan Annalingam, Chief Risk Officer at Signia Wealth. "The size, strength and track record of Advent as well as their ability to put the right team in place, gave us the confidence that we could implement the solution effectively. Advent's commitment to continuous investment in their solutions provided the assurance that we have a solution that will evolve with us as our business moves forward."
"The asset and wealth management industry continues to face the challenge of keeping pace with changes in regulation and market structure. Advent understands these challenges, and makes it easier for wealth managers to handle their investment operations and meet compliance demands," said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. "We are honored to be the partner Signia Wealth chose to support their growth. It's exciting to see that our platform continues to be the solution of choice to help firms meet the evolving needs of the UK wealth management market."
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.
About Signia Wealth
Signia Wealth is an independent and entrepreneurial-led wealth manager. Following the events of 2008 and the banking crisis, Signia Wealth was established in March 2010 as an alternative to the traditional wealth management model. Since launch, Signia Wealth has gained over £ 2bn in assets under supervision. Signia Wealth aims to meet client demand by providing market leading innovative solutions, transparency and a dynamic approach to private client wealth management.
Advent, the Advent logo, Advent Software, Advent Portfolio Exchange, Moxy, Advent Rules Manager, Advent Revenue Center and Advent Corporate Actions are registered trademarks of, and Advent Custodial Data is a mark of, Advent Software, Inc. Tradex is a registered mark of Advent Norway AS in Norway and the European Union. All other company names or marks mentioned herein are those of their respective owners.
* Advent's asset and wealth management platform offers Advent Portfolio Exchange® (APX), Moxy®, Advent Rules Manager®, Advent Revenue Center®, Advent® General Ledger Exchange (Advent® GLX), Tradex®, Advent Corporate Actions® (ACA), and Advent Custodial Data" (ACD) for clients to select among in order to support key workflows and data across the entire investment process.
Media Contacts: Daphne Marciel Advent Software EMEA +44 20 7631 9240 Email Contact Vera Wang Horn Group for Advent Software, Inc. +1 (415) 905-4022 Email Contact
Source: Advent Software, Inc.