The functionally rich system makes Smith & Williamson the ninth firm to successfully install this version of Portfolio, bringing shared benefits to Dion's client base.

The complex 12-month project has delivered improved performance and a number of business benefits through updated hardware, changes to Smith & Williamson's internal administration system and a range of new features, including
 Enhanced Order Vetting
 Routing to the Fidessa Workstation
 Read-only layouts
 Client level Stock Search and Auto Grouping

The Invantage solution is a key part of Smith & Williamson's business which has over £11.5bn of funds under management and advice (as at 31 October 2011). A smooth installation and minimal disruption added to the success of the upgrade and provides Smith & Williamson with an enhanced solution that matches their needs.

Two and a half years into their long-term contract with Dion, the upgrade strengthens the partnership and provides Smith & Williamson with a platform to further grow their business.

Richard Lowrie, IT Director, Smith & Williamson says: "This project was a step forward that allowed us to benefit from the enhancements Dion has made to the Portfolio product. Upgrade projects are a concern for any firm and we could not afford any disruption to our business. The feedback from our users has been positive and we are happy to share this success with Dion."

Joe Nash, Managing Director Europe & Global Head M&A, Dion says "We are delighted with the success of the project which, for us, was almost as big as implementing a brand new system. We believe the new functionality will provide Smith & Williamson with many benefits and we look forward to working with them to further develop
Portfolio as part of the Dion brand."