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Sapient Global Markets Teams With Advent Software to Improve Operational Efficiency and Offer Superior Client Service

^{Published on 2010-10-28 08:26:02 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--[ Sapient Global Markets ], part of Sapient (NASDAQ: SAPE) and a leading provider of services to todaya™s institutional, financial and commodity markets participants, is pleased to announce that it has been selected as a Premier Alliance Partner by Advent Software to provide robust solutions that complement and enhance the core capabilities of Advent's offerings. Alliance Partners offer a broad array of systems, software, business information, and other important services uniquely adapted to meet the needs of the Advent client community.

"Sapienta™s ability to seamlessly deliver services to support bothinformation technology as well as the requirements of the business is what sets them apart from others in the marketplace. They are very well-respected in the industry so we were eager to partner with them towards a common goal."

As an Advent Certified service provider for both on-shore and off-shore global delivery, Sapient Global Markets is strategically aligned with Adventa™s Professional Services capabilities. Sapient is uniquely positioned to provide a complete and comprehensive suite of services, including implementation upgrade, migration, process automation, custom development, and application management.

With more than 4,500 client firms, Advent has established itself as a leading provider of mission-critical applications to meet the demands of investment management operations around the world,a said Chip Register, SVP and managing director of Sapient Global Markets. aAdventa™s product development process is guided by a formal validation process, where they meet with clients and prospective clients to fully understand their business operations, their software needs, and the challenges they face in the market. Adventa™s approach to business dovetails nicely with Sapienta™s, so this relationship is a win-win for clients of both organizations.a

As a strategic advisor to members of the global financial and commodity markets community, Sapient Global Markets helps clients to navigate a complex and ever-changing regulatory, operational and technology landscape,a said Todd Gottula, SVP and general manager of global accounts, Advent Software. aSapienta™s ability to seamlessly deliver services to support bothinformation technology as well as the requirements of the business is what sets them apart from others in the marketplace. They are very well-respected in the industry so we were eager to partner with them towards a common goal.a

Advent Software provides reliable, trusted solutions to investment management organizations of all sizes and strategies. Its proven solutions can improve operational efficiency and reduce risk. Geneva®, a global investment management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real-time data. Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.

Sapient Global Markets is uniquely focused on trading and risk management and offers deep practitioner-based expertise to help clients grow and transform their business. As a strategic advisor to members of the global financial and commodity markets community, Sapient provides a comprehensive offering to its world-class clientele through practitioner led advisory, analytics, technology and process services. Sapient helps customers navigate regulatory change, valuation and risk management challenges. Through its relationship with Advent, Sapient will apply its project management expertise to deliver Geneva software and system projects.

About Advent

Advent Software, Inc., a global firm, has provided trusted solutions to the worlda™s financial professionals since 1983. Firms in more than 50 countries rely on Advent technology to run their mission-critical operations. Adventa™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 ].

About Sapient Global Markets

Sapient Global Markets, a division of Sapient® (NASDAQ: SAPE), is a leading provider of services to todaya™s evolving financial and commodity markets. We provide a full range of capabilities to help our clients grow and enhance their businesses, create robust and transparent infrastructure, manage operating costs, and foster innovation throughout their organizations. We offer services across Advisory, Analytics, Technology, and Process, as well as unique methodologies in program management, technology development, and process outsourcing. Sapient Global Markets operates in key financial and commodity centers worldwide, including Boston, Chicago, Houston, New York, Calgary, Toronto, London, Amsterdam, Dsseldorf, Geneva, Munich, Zurich, and Singapore, as well as in large technology development and operations outsourcing centers in Bangalore, Delhi, and Noida, India. For more information, visit [ www.sapientglobalmarkets.com ].

Advent, Advent Software and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.

Sapient is a registered service mark of Sapient Corporation.