Clariden Leu (UK) Ltd Select Advent to Support Long Term Growth

Wed Mar 6, 2013 5:00am EST

* Reuters is not responsible for the content in this press release.

  LONDON and SAN FRANCISCO, CA, Mar 06 (Marketwire) -- 
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and
services for the global investment management industry, today announced
that Clariden Leu (UK) Ltd has selected Advent's award-winning wealth
management solutions, including Advent Portfolio Exchange(R) (APX),
Moxy(R) and Advent Rules Manager(R), among others, to deliver portfolio
management, trade order management and compliance.

    Clariden Leu (UK) Ltd is a UK-based wealth manager focusing on ultra-high
net-worth-investors. For many years, Clariden Leu had depended on their
parent company to provide a comprehensive IT infrastructure. Following a
corporate re-structure, they were faced with a dilemma: how to implement
their own wealth management system independent of their previous systems.
The project also had to be completed within a short timeframe using
limited resources, without investing in a new infrastructure or training
new personnel. 

    After a thorough review process, Clariden Leu selected Advent for its
comprehensive solution, ability to provide demonstrable hosting services,
regional team knowledge and support, and reputation in the market.
Clariden Leu also valued Advent's ability to manage the software,
connectivity and upgrades, as well as treat their confidential
information in a reliable and professional manner.

    "Our company had always focused on asset management and outsourced
technical responsibilities to our parent company's IT department. Since
this outsourcing model had been successful for several years, we decided
to continue outsourcing our IT needs," said Nick McCall, Chief Operations
Officer at Clariden Leu. "We chose to work with Advent based on their
excellent reputation. With almost 30 years in the industry and hundreds
of clients on their EMEA roster, Advent offers the regional knowledge and
expertise to ensure we would receive the services we need."

    "We're very excited that Clariden Leu has selected Advent's wealth
management solutions to help them manage risk, reduce cost and improve
client service," said Hakan Valberg, President EMEA, Advent Software.
"This announcement also highlights our established global capabilities
while delivering deep local expertise and knowledge through our regional
teams -- helping to eliminate technical boundaries so that our clients
can continue to grow their businesses successfully." 

    About Advent
 Advent Software, Inc. (www.advent.com), a global firm, has
provided trusted solutions to the world's financial professionals since
1983. Advent's proven solutions can increase operational efficiency,
reduce risk, and eliminate the boundaries between systems, information
and people so you can focus on what you do best. With more than 4,500
client firms in over 60 countries, Advent has established itself as a
leading provider of mission-critical solutions to meet the demands of
investment management operations around the world. Advent is the only
financial services software company to be awarded the Service Capability
and Performance certification for being a world-class support and
services organization. For more information on Advent products visit
http://www.advent.com/about/resources/demos/pr.

    Advent, the Advent logo, Advent Software, Advent Portfolio Exchange, Moxy
and Advent Rules Manager are registered trademarks of Advent Software,
Inc. All other company names or marks mentioned herein are those of their
respective owners.

    

Contacts: 
Paul Watthey
Advent Software EMEA
+44 (0) 20 7631 9211
paul.watthey@advent.com

Amanda Diamondstein-Cieplinska
Advent Software, Inc.
+1 (415) 645-1668
adiamond@advent.com 

Copyright 2013, Marketwire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.