Advent's solutions provide RMB with industry-leading portfolio accounting, management and reporting capabilities that enhance the firm's ability to deliver high-end service to an expanding client base.

"Advent's cutting edge technology, superior client service, and scalability made selecting the Black Diamond and APX platforms a clear choice," said Dick Burridge, CEO and Chief Investment Officer for Chicago-based RMB Capital Management. "Advent has been a committed, strategic partner to us, and we are confident that the innovative solutions they provide will continue to meet our business needs and support our firm as we grow."

RMB Capital Management began its relationship with Advent in 2005 when it selected Advent's Axys® for portfolio management. Since then, RMB has experienced substantial growth, increasing AUM four-fold, expanding operations to include two additional geographic locations, and organizing into three distinct business units -- asset management, wealth management and alternative investments. This growth has created a new set of requirements for the firm's technology capabilities. After investigating several options, RMB Capital Management chose to migrate to the Black Diamond and APX platforms. The combined strengths of Black Diamond and APX offer flexibility, agility, and scale, by fulfilling the diverse needs of RMB's business units today, and being adaptable to changing demands as the firm continues to grow.

Black Diamond's platform will support RMB's wealth management business, offering a tailored, web-based, and user-friendly interface. In addition to enhanced portfolio management, performance reporting, and data reconciliation, Black Diamond's platform includes a robust portal designed to enable RMB's advisory service teams to provide clients with more sophisticated and timely account data.

RMB also selected the APX platform to support its asset management business. APX provides RMB with a powerful end-to-end solution that supports key elements of the investment process, including account aggregation, performance measurement, and flexible client reporting, all of which are particularly relevant to RMB's family office and institutional clients. The APX platform is also highly scalable and its advanced technology, portfolio management, and reporting tools will provide a foundation for RMB's future growth and continued success serving clients.

"RMB Capital Management shares Advent's dedication to client service," said Pete Hess, President, Advent Software. "RMB's decision to migrate to both the Black Diamond and APX platforms affirms that our strategy to develop purpose-built solutions that meet the needs of distinct markets is delivering value to our clients. We look forward to continuing our long-standing relationship with RMB and supporting their growth and success through our technology, service and innovation."

Advent acquired Black Diamond in June 2011, and established it as a distinct business group chartered with setting Advent's strategy for delivering value and innovation to US advisory firms.