Bringing you live news and features since 2006 

Advent Software and Schwab to integrate two platforms

RELATED TOPICS​

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

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
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