Advent launches ‘cloud-enabled’ asset management platform
Advent Software, a provider of software and services for the global investment management industry, has launched a ‘cloud-enabled’, end-to-end platform for the front-, middle- and back-office of asset and wealth management enterprises.
The platform brings together the company’s various products including Portfolio Exchange, Moxy, Rules Manager, Revenue Center, General Ledger Exchange, Tradex, Corporate Actions, and Custodial Data. Together these products are aimed at workflows and data across the full investment process.
The new release affects front, middle and back office functions, and promises easier integration to third party applications.
Other promised enhancements include a new user interface across the products, streamlined workflows for managing portfolios and groups, tools to model and rebalance portfolios and trade securities, and improvements to pre- and post-trade compliance.
The release also introduces business intelligence capabilities, to help user firms identify their own sources of business growth.