23 March 2018
visit www.nextgenbanking.co.uk

Advent and Rimes form alliance

17 May 2010  |  2016 views  |  0 Source: Advent Software

Advent Software (NASDAQ: ADVS) a leading provider of software and services for the global investment management industry, today announced that it has entered into an alliance with Rimes Technologies Corporation to expand availability of index data to its clients using Advent Portfolio Exchange (APX), its award-winning, integrated portfolio and client relationship management solution.

RIMES is one of the leading benchmark data management providers for the investment community. Through this agreement, Advent will promote RIMES' fully managed data aggregation service to its APX clients, globally. RIMES will make available to locally-installed APX clients streamlined access to additional sources of index data for use with the performance analytics capabilities that are built into the APX platform.

Advent's relationship with RIMES will complement Advent's index data service, which offers APX clients Standard & Poor's and Russell Investments security and sector level index performance data, providing seamless automation and integration with APX's performance analytics.

George McLaughlin, Senior Director at Advent, commented, "We're very pleased about our relationship with RIMES who, as a leading provider of index data aggregation services, can provide Advent clients with access to a broad array of index data. Furthermore, this alliance illustrates Advent's continued commitment to partnering with best-of-breed solutions providers that enhance our core capabilities."

Jean Edouard Van Praet, Senior Partner at RIMES, commented, "Combining RIMES' breadth and depth of data and its award-winning fully managed service with APX's performance analytics capabilities will provide performance measurement and attribution professionals with a powerful portfolio analytics platform. We look forward to working with the Advent team and its clients."


Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
www.currencycloud.comVisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14434 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
11840 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11437 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10488 views comments | 14 tweets | 31 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8290 views comments | 14 tweets | 10 linkedin

Featured job

Hong Kong, Asia-Pacific

Find your next job