1 Dec 2011
Advent Software Inc., a leading provider of software and services for the global investment management industry, has made Tradex® 4.0 available in EMEA markets.
Tradex® is the newest version of Advent’s solution for fund order management and distribution. It is a web-based system that allows firms that distribute funds to replace labour-intensive manual procedures for fund share order processing with a highly automated work flow, from order entry to settlement.
Tradex® helps these firms increase operational efficiencies and provides superior client service for fund order management and distribution, and can be tailored for any client in any market.
Petter Borg, chief executive officer at Pareto Asset Management, said: “The order processing of mutual funds and other funds requires tremendous manual effort and is complex, especially when you have high volumes. We chose Tradex® to simplify this process through enhanced automation, thereby increasing efficiency with reduced keying time and much lower error rates.”
Tradex® is the newest version of Advent’s solution for fund order management and distribution. It is a web-based system that allows firms that distribute funds to replace labour-intensive manual procedures for fund share order processing with a highly automated work flow, from order entry to settlement.
Tradex® helps these firms increase operational efficiencies and provides superior client service for fund order management and distribution, and can be tailored for any client in any market.
“Our solutions are designed to offer our clients streamlined workflows to achieve maximum efficiency, so they can remain focused on their key business objectives,” senior vice president and general manager of Advent Software, EMEA, Hakan Valberg, said. “This new release of Tradex® is a good example, as it is even easier to use and more customisable, allowing users to customise the solution to match their workflows and requirements – not the other way around. Tradex® is a powerful solution that can add considerable value to fund management operations.”
Petter Borg, chief executive officer at Pareto Asset Management, said: “The order processing of mutual funds and other funds requires tremendous manual effort and is complex, especially when you have high volumes. We chose Tradex® to simplify this process through enhanced automation, thereby increasing efficiency with reduced keying time and much lower error rates.”
Petter Borg, chief executive officer at Pareto Asset Management, said: “The order processing of mutual funds and other funds requires tremendous manual effort and is complex, especially when you have high volumes. We chose Tradex® to simplify this process through enhanced automation, thereby increasing efficiency with reduced keying time and much lower error rates.”

