Advent and Wealth Management Partners
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(2)Overview: After considering several technology providers, Wealth Management Partners settled on Advent’s software suite. “An important factor in our decision was that we wanted to work with a provider that had sufficient size,” says Mr. Nienhaus. “There are a lot of small software development companies in the marketplace, but at the end of the day you want to be sure the party you’re working with will be there in five years or ten years' time.” Another reason was that Advent solutions are easy to implement, adds Martijn Schaar, the firm’s application manager. So whereas implementing new software packages for the front and back office normally takes a year, the Advent implementation was done within three months. “Plus it’s very intuitive to use, so you can get to know it in one or two days, as opposed to some other software packages on the market, which are much harder to work with,” Mr. Schaar says. “For us Advent Software is the best value for money for small asset managers.”
