Advent Software, Inc, a provider of software and services for the global investment management industry, announced that Evercore Pan-Asset Capital Management (Evercore) has selected Moxy, Advents industry-leading trade order management solution, and Advent Portfolio Exchange (APX), its award-winning, integrated portfolio and client relationship management solution.
London-based Evercore is a discretionary wealth management company, which focuses on asset allocation and index-tracking using exchange traded funds (ETFs). Established in 2007, the firm offers tailored asset management solutions to a diverse roster of clients, including pension funds, charity endowments and high-net-worth individuals.
Evercore initially relied on spreadsheets to support its operations. However, it needed a professional and robust technology platform with risk management and compliance capabilities in order to meet the stringent due diligence requirements of its target institutional client base. Using APX and Moxy, Evercore will be able to leverage a range of functionality from portfolio modeling, trade execution and restriction capabilities, through to portfolio management, performance analytics and exposure reporting.
D.C.