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Killik & Co selects Advent Portfolio Exchange and Moxy

28 May 2008  |  1927 views  |  0 Source: Advent Software

Advent Software (NasdaqGS:ADVS), a leading provider of software and services for the global investment management industry, today announced that Killik & Co has selected Advent Portfolio Exchange (APX), its award-winning, portfolio and client management solution, and Moxy, its industry-leading trade order management solution.

With $3.7 billion in assets under management, Killik & Co is one of the EMEA region's foremost private client managers. It provides a broad array of advisory and discretionary stock broking and investment management services to private investors of all sizes from its offices in and around London and in Dubai.

To support its aggressive growth plans, Killik & Co wished to replace its front-office system with a functionally-rich, robust and flexible platform that could increase the productivity and performance of its brokers while enhancing the user experience for its clients and sales staff. The firm also wished to gain operational efficiencies by integrating front- and back-office operations and infrastructure. After an extensive search of the market, Killik & Co chose APX and Moxy, Advent's integrated front- , middle- and back-office solution.

"Advent's suite of industry-leading tools will provide us with the technological capabilities we need to take our business to the next level," said Clem MacTaggart, Chief Operating Officer, Killik & Co. "Not only will APX and Moxy help improve our employees' performance and the firm's operational effectiveness, but the solutions will help us enhance our already high levels of client service."

"We are thrilled that Killik & Co has selected Advent's integrated product suite, and we are honoured they are entrusting us with supporting their future growth," said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. "That a private client manager of Killik & Co's size and calibre has put its faith in our solutions reflects Advent's status as a proven provider for this market segment; we look forward to assisting them with their growth strategy."

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