Egyptian asset manager takes Advent Axys

NEWS: NEW CONTRACT | FIXED INCOME AND EQUITIES FIRM AUTOMATES PROCESSES

CAIRO – Beltone Asset Management, a unit of Egyptian financial services firm Beltone Financial, active in fixed income and equities, has gone live on Advent Software’s Axys portfolio management and accounting system to handle growing operational and processing requirements.

Beltone’s growth had strained the firm’s data entry and processing efforts, necessitating a system with substantial automation capabilities.

In addition, the manager was seeking to upgrade its client reporting capabilities