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FIM Securities chooses Advent for trading and portfolio management

12 August 2002  |  1275 views  |  0 FIM Securities chooses Advent for trading and portfolio management

Finnish-based FIM Securities has chosen technology from Advent Sweden for trading & order management, portfolio management & reporting and client relationship management.

FIM will replace its existing in-house system with Advent Office to handle the firm's mutual funds, discretionary portfolios and internal order flow.

Niklas Geust CEO of FIM Asset Management, says: "The Advent solution will help us to improve our customer service, by providing more efficient order management, asset management specialisation, and improved external and internal reporting. With the exceptional cost-to-benefit ratio that this solution offers, we believe that we will finance this investment in a couple of years."

The deal with FIM represents Advent's first contract win in Finland.

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