Science & Technology
Science and Technology
Science and Technology
Tue, November 17, 2009 Advent Introduces Index Data Service for Advent Portfolio Exchange(R) Clients
SAN FRANCISCO, CA--(Marketwire - November 17, 2009) - Advent Software, Inc. (
Through Advent's index data service, APX clients can receive index performance data specifically formatted for APX, classified at both the industry and security level, on a daily or historical basis. Advent's index data service enables clients to leverage all of the power in the APX performance analytics reporting capabilities, where they can look at performance attribution and contribution reports which show their portfolio performance against S&P or Russell indices at the industry and security level. In addition, S&P Global Industry Classification Standard (GICS®) sector-level index data, for use with APX's performance analytics reports, is available at no charge to all APX clients.
"The addition of Advent's index data service allows us to download index data directly to APX, saving us from the hassle of manually loading and reconciling the data," said Michelle Gosom, Vice President, Reed Conner & Birdwell, LLC. "The ability to load industry indices easily into APX using Advent's index data service is a key value proposition for our firm. It allows us to 'set it and forget it,' giving us one less thing to have to think about and saving us valuable time and resources."
"Advent continues to simplify the investment management process for our clients, and we are very pleased to extend our market data service to include access to index data," said Alison Swabowicz, Senior Product Manager for Straight-Through-Processing at Advent. "Using Advent's index data service, APX clients will be able to quickly respond to clients and portfolio managers' needs for performance analytics, streamline data management and operations workflows, and improve efficiency and accuracy in analyzing and reporting on performance."
About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is an end-to-end portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment. For more information on APX visit [ https://secure.advent.com/info/pr_apx ].
About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in 60 countries rely 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 costs. 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 and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
