Advent announces new features of Advent Revenue Center 3.0.Worldwide Computer Products News-30 September 2009-Advent announces new features of Advent Revenue Center 3.0(C)1995-2009 M2 COMMUNICATIONS http://www.m2.com 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 (Nasdaq:ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service ) has unveiled new features to Advent Revenue Center, its billing and revenue management solution, the provider of software and services for the investment management industry said on Wednesday. The company said Advent Revenue Center 3.0 includes revenue forecasting and revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. to help firms increase revenues, improve efficiency and mitigate operational risk. The revenue forecasting feature allows firms to perform revenue forecasting under a variety of 'what-if' scenarios, analyse run-rates and view summary forecasts or details by client. In addition, the revenue sharing feature enables firms to define and manage complex payout rules and split and share fees with internal and external parties. No pricing details were disclosed. ((Comments on this story may be sent to info@m2.com)) |
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