Avanade Teams with Advent Software to Ready Asset Management Solution for Rollout to Large Enterprises.Business Editors/High-Tech Writers SEATTLE and SAN FRANCISCO--(BUSINESS WIRE)--April 29, 2002 Partnership will deliver improved manageability and performance of Advent's Axys portfolio accounting solution using Microsoft .NET See .NET. Enterprise Server platform and the Avanade Connected Architecture for .NET Avanade Inc. and 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.(R) (Nasdaq:ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service ), today announced their plan to make available a highly scalable asset management software solution tailored for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry's largest institutions. The solution will combine Advent's Axys portfolio accounting solution with the Microsoft(R) .NET Enterprise Server technologies to meet the processing needs of firms that are managing in excess of 500,000 accounts. Technical underpinnings of the solution will be provided by the Avanade Connected Architecture for .NET (ACA ACA - Application Control Architecture for .NET). The solution, which will be jointly delivered by Advent and Avanade, will provide a robust infrastructure that allows financial institutions to deliver their services to greatly increased numbers of investors, and will also boost technical, operational, and management efficiencies. By using ACA for .NET, the companies will also ensure that the solution has the added flexibility inherent in the Microsoft .NET Enterprise Server family, including Windows 2000 Server and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 2000. "This solution is an important moment for Advent as it will allow us to greatly enhance our ability to provide mission critical solutions for the largest financial enterprises in the world," said Collin Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , executive vice president of Advent Software, "By working with Avanade, we will be able to develop this solution with the utmost confidence in its reliability and scalability, and replicate rep·li·cate v. 1. To duplicate, copy, reproduce, or repeat. 2. To reproduce or make an exact copy or copies of genetic material, a cell, or an organism. n. A repetition of an experiment or a procedure. the success we've had in other areas of the marketplace." "Our unique heritage of Microsoft product expertise made us an ideal partner to help Advent ready its solution for large enterprises," said George Lipsker, Avanade's director of market development for the financial services industry. "And our experience with large-scale financial services industry customers means we are well positioned to customize this solution for the individual needs of these customers to ensure rapid, secure, cost-effective deployment." "We're extremely pleased to be working closely with Advent and Avanade in this process. "Through our collaboration and with Avanade's expertise, the financial services industry will be able to realize the significant potential benefits of Microsoft's .NET platform," said Bill Hartnett, Microsoft's general manager of financial services. About Advent Advent Software, Inc. has been providing trusted solutions to the world's leading professional money managers since 1983. Firms in 45 countries use Advent technology to manage investments totaling more than US $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent's common stock is traded on the NASDAQ National Market under the symbol ADVS. About Avanade Avanade is the world's premier technology integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. for Microsoft solutions in the enterprise. With Development Centers in Europe, Asia-Pacific, and the Americas, Avanade delivers secure, reliable, scalable Microsoft-based solutions to help Global 2000 companies optimize their technology investments across the connected enterprise. Founded in April 2000 as a joint venture between Microsoft Corp. and Accenture, Avanade offers customers unique value based on a heritage of commitment to superior service, paired with unmatched insight into cutting-edge Microsoft technologies. Additional information can be found on the Avanade Website at www.avanade.com. 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 or to license Advent Software products, readers can contact 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; phone 415/543-7696, or visit Advent's web site at http://www.advent.com. Advent Software, Inc. is a registered trademark of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies. |
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