PIMCO Advisors Take One-Stop Solution From Advent; And Merrin For Front End
PORTFOLIO MANAGEMENT
SAN FRANCISCO--Two divisions of PIMCO Advisors -- Oppenheimer capital and PIMCO Equity Advisors -- are deploying Advent Software’s Advent Office product suite for their front, middle and back office fund-management systems.
PIMCO’s decision to take the Advent solution to replace two existing systems, Thomson’s Portia and Saratoga system’s CRM product, is part of a growing trend towards asset managers adopting software from a single vendor.
Ken Poovey, Chief Executive Officer of Oppenheimer
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
WatersTechnology latest edition
Check out our latest edition, plus more than 13 years of our best content.
The total portfolio approach gains momentum: Building the right tech foundation for success
The rationale for the TPA, and the crucial role technology plays in enabling such an approach
Google, CME say they’ve proved cloud can support HFT—now what?
After demonstrating in September that ultra-low-latency trading can be facilitated in the cloud, the exchange and tech giant are hoping to see barriers to entry come down.
Institutional priorities in multi-asset investing
Private markets, broader exposures and the race for integration
BlackRock and AccessFintech partner, LSEG collabs with OpenAI, Apex launches Pisces service, and more
The Waters Cooler: CJC launches MDC service, Centreon secures Sixth Street investment, UK bond CT update, and more in this week’s news roundup.
TCB Data-Broadhead pairing highlights challenges of market data management
Waters Wrap: The vendors are hoping that blending TCB’s reporting infrastructure with Broadhead’s DLT-backed digital contract and auditing engine will be the cure for data rights management.
Robeco tests credit tool built in Bloomberg’s Python platform
This follows the asset manager’s participation in Bloomberg’s Code Crunch hackathon in Singapore, alongside other firms including LGT Investment Bank and university students.
FCA eyes equities tape, OpenAI and Capco team up, prediction markets gain steam, and more
The Waters Cooler: More tokenization, Ediphy lawsuit updates, Rimes teams up with Databricks, and more in this week’s news roundup.
