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Advent showcases compliance product at EMEA client conference

Advent Software, a provider of software and services to the investment management industry, has unveiled its new compliance product, Advent Rules Manager, at its eighth annual conference for clients in Europe, the Middle East and Africa, held in Madrid.

Advent Rules Manager is a comprehensive and tightly integrated solution designed to meet the increasingly complex trading compliance and portfolio monitoring requirements of investment management firms.

The conference, which also showcased training and product updates for the firm's Advent Portfolio Exchange and Geneva portfolio accounting platforms, and Moxy, its trade order management solution, saw a 56 per cent increase in attendance from last year, according to Advent.

The firm has been active in Europe, the Middle East and Africa for a decade and now has offices in London, Stockholm, Copenhagen, Oslo, Amsterdam, Zurich and Dubai, serving more than 200 clients in around 30 countries. Overall, firms in 60 countries with investments totalling nearly USD18trn use Advent software, data, services and tools.

'The outstanding attendance that we saw at this year's conference truly highlights the momentum and opportunity we have in the EMEA region,' says Håkan Valberg, a senior vice-president and general manager of Advent Software EMEA.

'Successful clients are the foundation for the future growth of Advent, so it's important to provide forums such as this conference, where clients share their thoughts and ideas to help shape the future road maps of our products. Our goal is to continue to provide our clients with innovative and proven solutions that will enhance their competitive edge in the market.'

Opening the conference, Advent's founder and chief executive Stephanie DiMarco told delegates: 'This year marks the 25th anniversary of Advent, and it's clear that our future success depends on continuing to expand our global footprint. Our relationships with clients in Europe and the Middle East represent the foundation of that future.

'Ultimately, as global wealth and assets under management continue to rise, the need for systems to manage those assets continues to expand, which makes ours a truly large and global market opportunity.'

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