Advent Software, Inc., provider of software and services to the investment management industry, signed a record 15 new customers in the second quarter of 2007.
Geneva is Advent’s accounting platform for complex investment strategies and instruments, used by institutional asset managers, hedge funds, fund administrators and prime brokers. Advent signed the 15 agreements with a wide range of investment management firms in the U.S. and EMEA region.
“We are seeing an increasing number of businesses strategically investing in technology to maximise investment opportunities, increase productivity and enable business growth,” says Stephanie DiMarco, Chief Executive Officer and founder of Advent. “With an additional 15 customers choosing Geneva in the second quarter, and the launch of Geneva 7.0 this fall, Geneva continues to extend its leadership and be the system of choice in this market.”