SDC selects Advent Software for portfolio management

SDC selects Advent Software for portfolio management

Sparekassernes Datacenter (SDC), a Danish IT services company, has purchased a trade order and portfolio management solution from Advent Europe.

Advent Office and Advent Internet Exchange will be integrated with SDC's banking systems to provide clients and investment advisors with a Web-based, real-time view of their portfolios.

The integrated offering will initially be used to manage 350,000 portfolios.

Allan Christiansen, head of development at SDC, says: "As more and more firms are centering their business around providing personalised advice and consolidated account information to their clients, the investor Web site of Advent will provide this heightened level of service for us."

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