Technology
CdR Capital Implements Advent Software System
Swiss based investment firm [tag|CdR Capital|]CdR Capital[/tag] has picked software firm Advent to provide IT services.
Swiss based investment firm CdR Capital has picked
software firm Advent to provide IT services.
"We believe the future of successful wealth and asset management
will be market knowledge coupled with technological efficiency
and consolidated reporting. Advent's extensive knowledge of the
industry, comprehensive functionality, and strong commitment to
the region were key reasons why we chose APX," said Steve Smith,
partner at CdR Capital.
Advent’s Portfolio Exchange puts everyone in a firm, from
executives to portfolio managers to operations, on the same
platform.
"The investment management landscape in Switzerland is rapidly
changing with increased regulation and consolidation. To meet
these challenges, firms need a comprehensive operations
infrastructure and a strong technology collaborator to help them
thrive in this new environment," said Hakan Valberg, president at
Advent Software EMEA.
CdR Capital is currently starting its business with $1 billion
(£0.6 billion) in assets under management and offers investment
advice, asset allocation, fund selection, and consolidated
reporting.
