Advent targets hedge funds with Moxy 5.0

NEWS ANALYSIS | UPGRADE | ADVENT'S OMS FEATURES REAL-TIME P&l AND EXPANDED SECURITIES SUPPORT

SAN FRANCISCO – In an effort to attract more hedge fund clients, buy-side technology vendor Advent Software has rolled out a new version of its Moxy trade order management system with enhancements aimed squarely at that market.

While more than 400 hedge funds use other Advent systems, of the 650 clients currently using Moxy, only 43 of those are hedge funds, according to the firm.

The new version of Advent's order management system, Moxy 5.0, features real-time P&L (profit and loss), expanded

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