Clariden Leu (UK) Ltd Select Advent to Support Long Term Growth

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UK Boutique Wealth Manager Chooses Advent Software’s Award-Winning Wealth Management Solutions to Maintain Business Focus on Clients’ Portfolios

LONDON and SAN FRANCISCO – March 6, 2013 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Clariden Leu (UK) Ltd has selected Advent’s award-winning wealth management solutions, including Advent Portfolio Exchange® (APX), Moxy® and Advent Rules Manager®, among others, to deliver portfolio management, trade order management and compliance.

Clariden Leu (UK) Ltd is a UK-based wealth manager focusing on ultra-high net-worth-investors. For many years, Clariden Leu had depended on their parent company to provide a comprehensive IT infrastructure. Following a corporate re-structure, they were faced with a dilemma: how to implement their own wealth management system independent of their previous systems. The project also had to be completed within a short timeframe using limited resources, without investing in a new infrastructure or training new personnel.

After a thorough review process, Clariden Leu selected Advent for its comprehensive solution, ability to provide demonstrable hosting services, regional team knowledge and support, and reputation in the market. Clariden Leu also valued Advent’s ability to manage the software, connectivity and upgrades, as well as treat their confidential information in a reliable and professional manner.

“Our company had always focused on asset management and outsourced technical responsibilities to our parent company’s IT department. Since this outsourcing model had been successful for several years, we decided to continue outsourcing our IT needs,” said Nick McCall, Chief Operations Officer at Clariden Leu. “We chose to work with Advent based on their excellent reputation. With almost 30 years in the industry and hundreds of clients on their EMEA roster, Advent offers the regional knowledge and expertise to ensure we would receive the services we need.”

“We’re very excited that Clariden Leu has selected Advent’s wealth management solutions to help them manage risk, reduce cost and improve client service,” said Håkan Valberg, President EMEA, Advent Software. “This announcement also highlights our established global capabilities while delivering deep local expertise and knowledge through our regional teams—helping to eliminate technical boundaries so that our clients can continue to grow their businesses successfully.”

About Advent
Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world’s financial professionals since 1983.  Advent’s proven solutions can increase operational efficiency, reduce risk, and eliminate the boundaries between systems, information and people so you can focus on what you do best. With more than 4,500 client firms in over 60 countries, Advent has established itself as a leading provider of mission-critical solutions to meet the demands of investment management operations around the world.  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, Advent Portfolio Exchange, Moxy and Advent Rules Manager are registered trademarks of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

News Source : Clariden Leu (UK) Ltd Select Advent to Support Long Term Growth