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Advent Software Launches Tradex(R) 4.0Enhanced Fund Order Management and Distribution Solution Now Available in Europe, Middle East and Africa (November 29, 2011)
SAN FRANCISCO, CA and LONDON -- (Marketwire) -- 11/29/11 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Tradex® 4.0, the newest version of Advent's industry leading solution for fund order management and distribution, is now available 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," said 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."
Features of the Tradex® 4.0 release include:
- Access to Tradex® Online for your clients anytime, anywhere for self-service.
- Enhanced security for login, approvals and encryption.
- Simplified order management processes.
- Easier access to currency orders and ability to correct rates.
- Enhanced configuration, including approval settings, e-mail attachments, and more.
"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 customizable, allowing users to customize the solution to match their workflows and requirements -- not the other way around," said Hakan Valberg, senior vice president and general manager, Advent Software, EMEA. "Tradex® is a powerful solution that can add considerable value to fund management operations."
Advent Software's Tradex® is a web-based system that is easy to use, and allows you to replace your labour-intensive manual procedures for fund share order processing with a highly automated work flow, all the way from order entry through to settlement. With Tradex® you can offer any kind of fund product and at the same time handle high transaction volumes, without additional effort, so that you can launch and distribute funds faster and easier. Tradex helps you increase operational efficiencies and provide superior client service.
For more information on Tradex®, visit https://secure.advent.com/info/pr_tradex.
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 60 countries count 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 operational risks and costs. For more information on Advent products, visit http://www.advent.com/about/resources/demos/pr.
Advent, the Advent logo and Advent Software are registered trademarks of Advent Software, Inc. Tradex is a registered mark of Advent Norway AS registered in the European Union, Norway and Denmark. All other company names or marks mentioned herein are those of their respective owners.
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