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Pictet & Cie Implements Advent Portfolio Exchange(R) for Integrated Portfolio and Client Relationship Management(Marketwire Via Acquire Media NewsEdge) LONDON and SAN FRANCISCO, CA, November 19 / MARKET WIRE/ -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Pictet & Cie has expanded its use of Advent's solutions with the implementation of Advent Portfolio Exchange? (APX), its award-winning wealth management platform for portfolio management and client relationship management. Founded in 1805 in Geneva, Pictet & Cie is one of the world's largest private banks, and one of the premier independent asset management specialists in Europe, with over CHF 365 billion (USD $325 billion) in assets under management and custody. Pictet & Cie has been an Advent client since 2000, using Axys? -- Advent's turnkey portfolio management solution -- for matters encompassing both the family office and independent asset managers. The company's continued growth increased its need for a more robust platform, so Pictet & Cie decided to migrate to APX. Launched in 2005, APX has been the natural progression for many Axys? clients, providing an integrated portfolio management and client relationship management platform, with enhanced compliance, security and audit trail capabilities, as well as consolidated and flexible reporting. "APX provides an excellent platform to our clients, offering them an integrated, robust and flexible portfolio and client management solution that allows for greater transparency," said Andreas Sutter, Family Office Chief Operating Officer, Pictet & Cie. "We are confident that this will not only significantly enhance our operational infrastructure for our family office clients, but most importantly enable us to provide a superior service to our clients across our business." Pictet also uses Advent? Custodial Data (ACD), Advent's leading solution for managing and reconciling portfolio information. "We are constantly look for new ways to improve our client service and satisfaction levels, and ACD significantly enhances our client offering," says Carmelo Faro, Head of IT External Services at Pictet. He adds further that "this solution allows us not only to provide high quality information to our clients, but also to integrate the data from all custodians, which we believe is unique in our market." "We are proud that Pictet has opted to expand its relationship with Advent," said H?kan Valberg, Senior Vice President and General Manager, Advent Software EMEA. "Having one of the world's largest private banks relying on Advent solutions to meet its current and future infrastructure requirements reflects Advent's reputation in this important segment of the market. We are very pleased that APX continues to be the solution of choice for wealth management in the EMEA region." About Pictet & Cie Pictet ranks as one of Switzerland's leading private banks and one of the most important asset management specialists in Continental Europe. The Bank is focused exclusively on managing the wealth of private and institutional investors and on those businesses that flow from asset management, and is organised as a partnership. Pictet & Cie is a global firm with offices worldwide and has been managing assets for wealthy private individuals and families since 1805. Each new service developed and provided by the Bank broadens the range of opportunities available to its private clientele. Pictet & Cie currently has over CHF 365 billion (USD 325/ EUR 232) in assets under management. For more information please visit www.pictet.com. About Advent Portfolio Exchange? Advent Portfolio Exchange? (APX), Advent's next generation portfolio management product, fully integrates the front office functions of client relationship management (CRM) with the back office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment. For more information on APX visit https://secure.advent.com/info/pr_apx. About Advent Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world's leading financial professionals since 1983. Firms in 60 countries use Advent technology. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support organization. The Advent logo, Advent Software, Advent, Advent Portfolio Exchange and Axys are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners. Contact: Paul Watthey Advent Software EMEA +44 (0)20 7631 9240Email Contact Jessica Miller Advent Software (415) 645-1668Email Contact Carmelo Faro Pictet & Cie +41 58 323 2453Email Contact Andreas Sutter Pictet & Cie +41 58 323 1775Email Contact Copyright ? 2008 Marketwire |