Bringing you live news and features since 2006 

Advent Software and Schwab to integrate two platforms


Advent Software and Schwab Intelligent Technologies are to integrate two of Advent’s portfolio management platforms – Black Diamond and Advent Portfolio Exchange (APX) via Advent OnDemand – with the Schwab OpenView Gateway.

The move will extend the availability of custody information from Charles Schwab to drive high value workflows in these platforms.

The ability to access current custodial data throughout the day will help advisors, portfolio managers and operations personnel make more informed decisions and enhance client service.

Dave Welling, vice president at Advent Software and general manager of Black Diamond, says: “We are looking forward to deepening our relationship with Schwab and continuing to collaborate to provide great service and technology to our shared clients. Deeper integration of custody information and workflows across the Advent, Black Diamond and Schwab platforms will help our clients realise significant productivity gains while also giving them better tools to serve their clients – and we are proud to be a part of a solution that helps to support advisor greatness.”

“This is an extension of our more than 20 year relationship with Advent, during which we have worked together to serve more than 1,400 shared clients,” says Neesha Hathi, senior vice president of advisor technology solutions for Schwab Advisor Services. “We are thrilled to be working with Advent on our continuing goal of creating access to Schwab through leading technology platforms like Black Diamond and Advent APX.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by