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Heptagon Capital Goes Live With Thomson Reuters Pricing and Reference Data via AdventTop UK Investment Management Firm Improves Data Access to Streamline Operations (December 15, 2011)
LONDON and SAN FRANCISCO, CA -- (Marketwire) -- 12/15/11 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, and Thomson Reuters today announced that Heptagon Capital, a specialized investment management firm, can access pricing and reference data from Thomson Reuters via Advent's new market data interface. This critical and timely information will enable Heptagon Capital to enhance its portfolio management, administration and valuation functions, and boost its client reporting capabilities.
Advent Portfolio Exchange® (APX) provides clients in Europe, the Middle East, Africa and Asia direct and seamless access to DataScope Select, Thomson Reuters strategic data delivery platform for non-streaming content. This includes in-depth and cross-asset class pricing and reference data, such as transparent evaluated prices.
"Directly delivering Thomson Reuters data using APX ensures we have accurate pricing and reference data for our client reporting and fund valuations," said Robert Rosenberg, chief operating officer at London-based Heptagon Capital. "Integrating the data we need into our existing workflows means not having to spend time switching between applications and downloading external data. The solution helps us run our operations even more smoothly and ensure our client reporting and fund operations are of the highest standard."
"Investment management firms today want direct, instant access to high quality global pricing and reference data that drives investment decisions. By delivering this through industry leading portfolio analytics and client reporting solutions, we make it even easier for financial firms to deliver value to their clients," added Gerry Buggy, global head of enterprise content at Thomson Reuters.
"Our partnership with Thomson Reuters has enabled us to build on the core capabilities of our investment management solution," said Martin Engdal, director of product marketing, Advent Software EMEA. "The integration we have built between APX and Thomson Reuters DataScope Select will enable Advent clients in EMEA to manage their data requirements in a more timely and flexible way than ever before."
London-based Heptagon Capital offers investment management and advisory expertise across multiple asset classes to the high-net-worth and institutional investors, and implemented Advent's investment management solution in 2010.
About Heptagon Capital
Heptagon Capital is a London based, independent investment firm, founded in July 2005 by former Morgan Stanley Executives. Heptagon has extensive investment management, structuring and advisory expertise across multiple asset classes. Heptagon aims to bridge the gap between sophisticated investor demands and what traditional, large global institutions actually deliver, by balancing the needs for objectivity, innovation, high quality service and performance. For more information, go to http://heptagon-capital.com/
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. The firm combines industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (NYSE: TRI). For more information, go to http://thomsonreuters.com.
About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is a comprehensive portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment. For more information on APX visit https://secure.advent.com/info/pr_apx.
About Advent's Alliance Program
Advent's Alliance Program is comprised of Alliance Partners that provide robust solutions that complement and enhance the core capabilities of Advent's offerings. Together with Advent, this elite group of partners offers certified integration to Advent's products. 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. These solutions are designed to help customers improve their operational efficiency, and offer superior service to their clients.
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 60 countries rely 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 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.
Advent, the Advent logo, Advent Software and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Marketing & PR Manager, Advent
Tel: +44 20 7631 9219
For Thomson Reuters
Public Relations Director, Enterprise Solutions
Tel: +44 (0) 207 542 0561
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