Advent Software, a provider of software and services for the global investment management industry, has announced that the total number of clients in the Middle East region has exceeded 30.
The clients are based in the major financial centers of the Middle East: Dubai, Abu Dhabi, Bahrain, Qatar, Kuwait, Riyadh and Cairo and are comprised of asset managers, wealth managers, private banks and family offices.
The client list includes firms such as Shuaa Capital, Ahli United, NBK Capital, Dubai Group and Arab National Bank.
'The Middle East has become a very important region for Advent over the last few years where we have seen a significant increase in the demand for our proven and reliable wealth management solutions,' says Hakan Valberg, senior vice president and general manager of Advent Software EMEA. 'Having a strong team of industry experts in Dubai that understands the local market has been a key factor in winning new business and developing strong relationships in the region. We look forward to further expansion in the Middle East and adding to our growing client list.'
Advent has had a client base in the Middle East for more than five years and established its Dubai office in 2006, which now includes local client support and sales teams and implementation consultants.
Advent is also a member of the Dubai International Financial Centre.