Signia Wealth Takes Advent Asset Management Platform

Telephone box in Parliament Square
London-headquartered Signia Wealth replaces legacy architecture.

Signia Wealth, a UK-based firm with £2 billion ($3.1 billion) in assets under management, has replaced its legacy architecture with Advent Software's asset management platform.

The wealth manager, which was founded in March 2010, plans to use the platform for portfolio, client relationship and trade order management.

"The asset and wealth management industry continues to face the challenge of keeping pace with changes in regulation and market structure," says Håkan Valberg, senior vice president

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