Advent Software, the US-listed financial technology firm, has signed a “strategic relationship” deal, in this case with eVestment Alliance, which provides institutional investment data information.

Under the agreement, the firms will offer integration between Advent’s portfolio accounting and management solutions, Advent Portfolio Exchange (APX) and Axys, and eVestment Alliance’s Exchange product.

“Advent saw an opportunity to join forces with eVestment Alliance to help our clients streamline the process of updating third-party databases,” said George McLaughlin, senior director at Advent Software.

Earlier in December, Advent announced it had appointed Hazem Elmalla as its new head of professional services in the Middle East and North Africa.