Advent Eases the Way for Bank of Hawaii.SAN FRANCISCO--(BUSINESS WIRE)--May 5, 1998--Pacific Century Trust, a division of the Bank of Hawaii Bank of Hawaii, a subsidiary of Bank of Hawaii Corporation (NYSE: BOH), is a regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that majority of the voting stockholders reside within the state. , purchased Advent Software's (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service ) Axys and Moxy systems to increase performance and efficiency, and to simplify its portfolio management and trading operations. Pacific Century Trust has more than $8.5 billion under management and has purchased licenses for 40 users of Axys and 20 users of Moxy. Axys is a Windows-based portfolio management system and Moxy is an intra-day trading and order management system. "Pacific Century Trust chose Advent to increase performance and efficiency. It will enhance our trading productivity and add the ability to quickly simulate simulate - simulation trades across a large number of accounts. Advent will enable us to better serve our customers with up-to-the-minute performance measurement of their accounts. For the first time, we will have the ability to offer even non-investment customers the opportunity to evaluate their investment performance," said David Zerfoss, vice president at Pacific Century Trust. "In addition, Advent offers the only system that will quickly and easily interface with our existing trust accounting system." "Advent products provide Pacific Century Trust with seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. as well as a host of other benefits," said Stephane Dubois, vice president of product marketing for Advent. "We offer intra-day trading for managing today's money, not yesterday's, and the industry's best selection of report formats for providing customized information to customers and management." Using Axys and Moxy, managers will be able to easily examine the portfolio attributes and do trade modeling with a few simple keystrokes. Axys, the Windows-based portfolio management system from Advent, provides investment professionals with comprehensive portfolio accounting, timely decision support, sophisticated performance measurement and flexible reporting. Axys integrates information flow and boosts productivity by linking and streamlining multiple functions of mission-critical operations. Axys provides users many automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. features to save time and money, minimize errors, improve efficiency and meet a shorter settlement cycle. Ten times more money managers use Axys than any other portfolio management system. Moxy, Advent's intra-day trading and order management system, automates the time-consuming and labor-intensive processes within the money manager's trading environment. Moxy improves productivity and facilitates order preparation. Traders control their trades, monitor trading activity and speed up block allocation with Moxy. More sites use Moxy than any other trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. . Advent Software Advent Software (NASDAQ: ADVS) makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisors to large institutional investors and hedge funds. Inc. is a leading provider of stand-alone and client/server software products, data interfaces, and related services that automate and integrate mission-critical functions of investment management organizations. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ National Market under the symbol ADVS. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : For more information on Advent products, readers should contact Gayle Sullivan, Advent Software, 301 Brannan Street, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94107, 415/543-7696 or visit Advent's Web site at http://www.advent.com CONTACT: Austin Lawrence Group Anne Albanese/Caitlin McConoughey 203/961-8888, ext. 3010/3011 |
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