Advent Software (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Signia Wealth has selected Advent's award-winning platform for asset and wealth management to deliver portfolio, client relationship and trade order management, which will enable Signia Wealth to better deliver world-class client service.
Signia Wealth is a fast-growing wealth management firm with offices in London and Birmingham. Signia Wealth caters to high-net-worth individuals, and has £2 billion in assets under supervision. When Signia Wealth decided to move from their legacy system, the firm selected Advent's platform for asset management to help them deliver superior client service while improving operational efficiency.
"Advent's reputation of delivering value for its clients was an important factor for us," said Ammalan Annalingam, Chief Risk Officer at Signia Wealth. "The size, strength and track record of Advent as well as their ability to put the right team in place, gave us the confidence that we could implement the solution effectively. Advent's commitment to continuous investment in their solutions provided the assurance that we have a solution that will evolve with us as our business moves forward."
"The asset and wealth management industry continues to face the challenge of keeping pace with changes in regulation and market structure. Advent understands these challenges, and makes it easier for wealth managers to handle their investment operations and meet compliance demands," said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. "We are honored to be the partner Signia Wealth chose to support their growth. It's exciting to see that our platform continues to be the solution of choice to help firms meet the evolving needs of the UK wealth management market."