Advent Software, Inc has launched Tradex 4.0, the newest version of Advent’s industry leading solution for fund order management and distribution, in EMEA markets.
Tradex is a web-based system that is easy to use, and allows firms that distribute funds to replace labor-intensive manual procedures for fund share order processing with a highly automated work flow, all the way from order entry to settlement. Tradex helps these firms increase operational efficiencies and provide superior client service for fund order management and distribution, and can be tailored for any client in any market.
“The order processing of mutual funds and other funds requires tremendous manual effort and is complex, especially when you have high volumes. We chose Tradex to simplify this process through enhanced automation, thereby increasing efficiency with reduced keying time and much lower error rates,” says Petter Borg, chief executive officer at Pareto Asset Management. “With Tradex, we can provide an improved experience to our clients with online services and a much faster order execution process.”
“Our solutions are designed to offer our clients streamlined workflows to achieve maximum efficiency, so they can remain focused on their key business objectives. This new release of Tradex is a good example, as it is even easier to use and more customisable, allowing users to customise the solution to match their workflows and requirements – not the other way around,” says Hakan Valberg (pictured), senior vice president and general manager, Advent Software, EMEA. “Tradex is a powerful solution that can add considerable value to fund management operations.”