UK boutique wealth manager Clariden Leu (UK) has selected Advent’s Portfolio Exchange (APX), Moxy and Advent Rules Manager to deliver portfolio management, trade order management and compliance.

UK boutique wealth manager Clariden Leu (UK) has selected Advent’s Portfolio Exchange (APX), Moxy and Advent Rules Manager to deliver portfolio management, trade order management and compliance.

Clariden Leu (UK) is a UK-based wealth manager focusing on ultra-high net-worth-investors.

For many years, Clariden Leu had depended on its parent company to provide an IT infrastructure. Following a corporate re-structure, it was faced with a dilemma: how to implement their own wealth management system independent of their previous systems. The project also had to be completed within a short timeframe using limited resources, without investing in a new infrastructure or training new personnel.

After a thorough review process, Clariden Leu selected Advent for its comprehensive solution, ability to provide demonstrable hosting services, regional team knowledge and support, and reputation in the market. Clariden Leu also valued Advent’s ability to manage the software, connectivity and upgrades, as well as treat their confidential information in a reliable and professional manner.

“Our company had always focused on asset management and outsourced technical responsibilities to our parent company’s IT department. Since this outsourcing model had been successful for several years, we decided to continue outsourcing our IT needs,” says Nick McCall, chief operations officer at Clariden Leu. “We chose to work with Advent based on their excellent reputation. With almost 30 years in the industry and hundreds of clients on their EMEA roster, Advent offers the regional knowledge and expertise to ensure we would receive the services we need.”

“We’re very excited that Clariden Leu has selected Advent’s wealth management solutions to help them manage risk, reduce cost and improve client service,” says Håkan Valberg, president EMEA, Advent Software. “This announcement also highlights our established global capabilities while delivering deep local expertise and knowledge through our regional teams—helping to eliminate technical boundaries so that our clients can continue to grow their businesses successfully.”