Pete Hess, chief executive of Advent Software, which supplies the asset management industry, has discussed factors affecting the development of new solutions and the growth in Advent's business.
Research into investor attitudes by Advent Software has found that some 75% of those surveyed want to see research management systems in place at funds they care considering.
Clariden Leu, a UK boutique wealth manager, has picked Advent Software solutions such as Portfolio Exchange, Moxy and Rules Manager to handle its portfolio management trade order management and compliance requirements.
Research by TNS SIFO Prospera, commissioned by Advent Software, suggests while most fund companies and distributors in the Nordic region expect growth over the full 2012 year, much of that growth will come from existing clients rather than new ones.
Hedge funds are starting to adopt back office systems much earlier to show that they are institutional quality, explains Chris Momsen, senior vice president and general manager Global Accounts and Tamale at Advent Software.
Liam Huxley, vice president of Product Strategy at Advent Software, has discussed the introduction of centralized clearing and how a company such as his is talking to market participants, particularly the clearing houses and regulators, to develop solutions....
Advent Software is to begin testing upgrades of its software on iPads with select clients and is set to move to a broader rollout of its products across mobile platforms in the first half of 2013, the company told a client conference in London.