SAN FRANCISCO, CA and LONDON, UNITED KINGDOM--(Marketwired - Mar 18, 2015) - 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 the "European Back & Middle Office Provider of the Year" at the 10th annual Funds Europe Awards ceremony. The event seeks to reward industry excellence in the areas of performance, growth, innovation, development, client service, and commitment to innovation in the European region.
The Back and Middle Office award recognizes the systems and services used for all post-execution activity. This incorporates typical middle office services such as reporting and compliance, and performance attribution, as well as the full range of back office activity, including fund processing, accounting, administration (i.e. NAV calculation), and reconciliation.
In presenting the award to Advent, the judges commented, "Advent's strong product focus and dependable technology platform have helped the company build a loyal customer base across a variety of markets (traditional and alternative). These clients continue to use Advent as their core system, which serves as a testament to the power and consistency of Advent's software solutions."
"The prestigious Funds Europe Awards are well-known and respected throughout the European funds industry, and we are honored to have been selected for this accolade," said Håkan Valberg, President, Advent Software EMEA. "Advent strives to deliver value to our clients by providing integrated solutions that can increase their operational efficiency while differentiating them from industry peers. We are very excited to be recognized for our back & middle office systems."
Advent adds this award to a long list of accolades it has earned over the last 12 months, including: Best Fund Accounting and Reporting Software Provider, MENA Fund Manager Fund Services Awards 2015; Best Portfolio Management Solution and Best Client Communications and Reporting Solution Awards, WealthBriefing GCC Regional Awards 2014; Best Buy-Side Portfolio Accounting Platform and Best Buy-Side CRM Platform, Buy-Side Technology Awards 2014; Best Fund Accounting and Reporting Software, HFM US Hedge Fund Services Awards; Best Technology Provider, Investment Week Fund Services Awards 2014; Best Client Reporting System, Systems in the City; Best Portfolio Management Solution, WealthBriefing European Awards 2014; Best Client Communications & Reporting, WealthBriefing Switzerland & Liechtenstein Awards 2014; Leading Margin Management Provider Award, The Hedge Fund Journal; Best Fund Accounting and Reporting System 2014, Hedgeweek; Best Technology Platform 2014, Private Asset Management Magazine; and Best Fund Accounting Platform, Global Custodian.
About Advent
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 nearly 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, Advent Software, and the Advent and logo composite are registered marks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
