INVESTMENT TECH BRIEFS
Advent Software has expanded its strategic relationship with The Reference, a technology-consulting and advisory-services firm with focus on solutions for the investment-management community. The new agreement will provide enhanced support for Advent's GenevaAE clients, and is an expansion of Advent's existing Alliance Program relationship with The Reference. Geneva is Advent's real-time, global portfolio-accounting system for firms that need multi-currency, high performance portfolio accounting.
Financial Models Company, a provider of technology solutions and services to the investment world, announced the launch of FMCSylvan 5.1, the latest version of FMC's performance-measurement and attribution system. This version of FMCSylvan features several key enhancements, including a Web-based interface, composite-management capability, and cascading-attribution capability. FMCSylvan 5.1 offers a browser-based interface that enables global access to performance-measurement and performance-attribution data. Highly customizable reports can be generated through a Web portal and Web access ensures simpler implementation and easier dissemination of information.
CashEdge, an international provider of account aggregation and funds-transfer services, and PortfolioScope, an application-service provider of private-label portfolio-accounting solutions, announced a strategic alliance to provide financial institutions with enhanced multi-currency investment tracking and reporting services. The agreement calls for the two companies to fully integrate their services, with CashEdge providing the account aggregation platform, and PortfolioScope a layer of Web-based portfolio tracking and reporting tools.
Thomson Financial announced the unveiling of AutEx FI, a newly created service that establishes a consolidated pool of liquidity in fixed-income markets for optimal discovery of prices and trading partners. AutEx FI accomplishes this through the commingling of disparate subject offerings from multiple pools of liquidity, tools to rapidly filter through and identify the best offerings, as well as the transfer of pre-trade messages via a Web-based communications platform.
Thomson Financial also announced that it has renamed Thomson OpenTrader, its equity trade-order-management system, to Oneva Trade EQ. Thomson Financial inaugurated the new naming convention this past June, with the launch of its fixed- income trade-order-management system, Oneva Trade FI.