Advent Augments Custodial Data

ORGANIZATION & STRATEGY

Advent Software, a buy-side software developer, is upgrading and expanding its custodial data management services, officials tell Inside Market Data.

Advent is currently extending the custodial service routing mechanism within Advent Custodial Data, its online management service for consolidating custodial account data. The mechanism connects customers to order management and portfolio management systems, and custodians pay to be connected to Advent’s clients via the service.

"We are improving