Glenmede Trust Automates The Front End; Buys Moxy, Advent Trade Mgmt. System

AUTOMATED TRADING

PHILADELPHIA-based Glenmede Trust Co. recently brought online Advent Software's Moxy integrated trading and order management system to support some $10 billion in assets under management. And it was the incumbency of Advent's Axys portfolio management and accounting system that enabled the vendor get its foot in the door with Moxy.Glenmede trust systems manager Nicholas Voutsakis says the firm completed its conversion of some 10,000 portfolios onto Axys by January 1 this year. Glenmede's cli