21 October 2017

Advent Software hires Jones and Bertone for global accounts business

25 October 2004  |  1793 views  |  0 crowd

US-based Advent Software has appointed John Jones as vice president of sales and Linda Bertone as vice president of services for its new global accounts business, formed to exploit opportunities for growth among large-scale financial services firms.

Advent says the new unit will serve global asset managers and alternative investment communities, as well as the fund administration marketplace.

Jones and Bertone bring year's of experience in the financial technology sector to their posts.

Past positions for Jones include global director of sales for Thomson Financial Services, where he managed sales of Portia, OpenTrader and Perascope, and director of global clients at SunGard Data Systems where he managed corporate relationships, sales of integrated products and new business development activities.

Bertone brings experience in relationship management, consulting services and custom application development, including serving as managing director of Thomson Financial's Treasury Solutions division, where she led a services organisation serving more than 100 financial services organisations worldwide. She also served as vice president of client services for Thomson Investment Software, where she led a team of more than 100 people serving over 400 clients worldwide. And most recently, she was vice president of client services at Linedata Services, where she directed 25 service professionals.

The arrival of Jones and Bertone follows the recent appointment of Gail Schulman as executive vice president in charge of strategic business development, at Advent. Schulman, who was president and CEO of the Thomson Financial division responsible for the Portia portfolio management product line, was hired specifically to develop global accounts at the vendor.

The new appointments come as Advent reports a net loss of $5.2 million for the third quarter of 2004, representing a marginal improvement over the $5.4 million net loss posted in the same period last year. Revenues for the quarter were up to $38.6 million, compared with $34.5 million last year.

Commenting, Stephanie DiMarco, Advent CEO says: "During the quarter we saw the tone of business improve, evidenced by slightly larger contracts and an increased number of Geneva transactions, with six contracts signed last quarter. We also launched the newest version of Moxy(R), Advent's leading trade order management solution. Together with our improving financial results this quarter, I'm pleased with the company's progress this year."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Advent Software acquires UK and Swiss distributors

Advent Software acquires UK and Swiss distributors

11 May 2004  |  2719 views  |  0 comments
Advent Software to cut ten per cent of workforce

Advent Software to cut ten per cent of workforce

13 June 2003  |  3200 views  |  0 comments
Advent adds Netik's investment hub to Geneva system

Advent adds Netik's investment hub to Geneva system

10 June 2003  |  3422 views  |  0 comments
Advent Software loses president and CEO Caswell

Advent Software loses president and CEO Caswell

15 May 2003  |  2956 views  |  0 comments
Advent targets global asset managers with Geneva

Advent targets global asset managers with Geneva

18 March 2003  |  2338 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10068 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8986 views comments | 17 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8961 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8046 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7731 views comments | 10 tweets | 22 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job