Back Office & Operations Technology & Risk Management

Advent building out Asia capability


Advent Software is on path for expansion in Asia, where it provides investment management software to a growing pool of hedge fund clients with increasingly sophisticated strategies, and has launched an office in Singapore earlier this month.

US-based Advent plans to have about 12 staff based across its Singapore and Hong Kong offices by year-end, adding to the 50 working at its research and development operation in Beijing.

The firm's two most popular products used by hedge funds in the region are Geneva, a global investment management platform with multi-currency fund accounting functions, and Tamale RMS, a data