Advent's Order Management System Is Awarded "Best-in-Class" for Enterprise Support
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SAN FRANCISCO, CA, Nov 06 (Marketwire) -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Moxy(R) -- Advent's robust trading and order management solution -- was named best-in-class for Enterprise Support in the CEB TowerGroup's OMS Technology Analysis report. "The capital markets industry highly values order management systems to drive efficiency and productivity for traders, investment staff and compliance personnel, and to aid in their quest for investment performance and risk management," said CEB TowerGroup senior research director Dushyant Shahrawat. "Finding the right technology vendor to serve your order management needs is important, as recent CEB TowerGroup research has found that order management continues to be a core element of a successful investment management firm's technology arsenal." The fast-moving and continually evolving world of trading and order management software requires solution providers to offer true dedication to features, functionality, and scalability. Investment managers rely on this software to be available, accurate and failsafe. Moxy(R) is used by 850 firms globally in both small independent implementations as well as large global "follow the sun" trading. The solution integrates all aspects of the investment management process, from portfolio construction through settlement. With easy access to critical data, a simple interface and unmatched connectivity with counterparties, Moxy(R) provides an intuitive centralized location for making and executing trading decisions, enabling portfolio managers and traders to move quickly in today's more demanding marketplace. "We are very pleased with the best-in-class recognition for our OMS offering. Providing a superior experience for the end user, as well as comfort for the IT staff and executives partnering with us, is a key tenant of the service we pride ourselves on," said Anthony Sperling, Senior Vice President and General Manager of Advent's Asset Management Group. "With the second release of the platform for asset management, which includes our trading and compliance solution, we continue to extend our OMS functionality to enhance fixed income trading capabilities. With 850 firms using Moxy(R), it is the world's most widely used OMS because clients know they can count on Advent for innovation, responsiveness and reliability." About Advent 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, Advent Software, and Moxy are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners. Contact: Amanda Diamondstein-Cieplinska Advent Software, Inc. +1 (415) 645-1668 firstname.lastname@example.org Copyright 2012, Marketwire, All rights reserved. -0-