This is the latest edition of iPA News, the free e - I-performance ...

Volume 3. Issue Number 3
Anthony joins Milestone Group, having previously been a founder and Chairman of the Performa software company in the UK. Performa was
established in 1999 to address the challenges of compliance with the Global Investment Performance Standards (GIPS®) and was subsequently
acquired by Statpro Limited in February 2008. Anthony has worked in the industry for more than 20 years and brings a wealth of knowledge to
the team.
Milestone Group CEO, Geoff Hodge said “It is a great pleasure to welcome Anthony to the Milestone Group team. Anthony is both well known
and highly regarded in the UK market for his straight forward style, work ethic and pragmatism which are very compatible with our core
values.” He went on to say, “There are a number of forces in the market right now that are making it imperative for organisations to act upon
opportunities for significant improvements in efficiency and control. We are seeing an increased intensity and determination within the
industry to break out of conventional thinking and fully automate many of the complex processes around fund accounting, analytics and
market connectivity.”
Commenting on his appointment, Howland said “I am confident that I can assist Milestone in fulfilling their potential in Europe. They have
great products and have created a first class team in the UK which I am pleased to be a part of.”
Anthony will provide local leadership to Milestone Group’s client relationship management and business development in the European market.
Advent Software, Inc, a leading provider of software and services for the global investment management industry, announced that the
total number of clients in the Middle East region has exceeded 30, further demonstrating its growth and commitment to developing a strong
business presence in the region.
The clients are based in the major financial centers of the Middle East: Dubai, Abu Dhabi, Bahrain, Qatar, Kuwait, Riyadh and Cairo and are
comprised of asset managers, wealth managers, private banks and family offices. The client list includes leading firms such as SHUAA Capital,
Ahli United, NBK Capital, Dubai Group and Arab National Bank.
Demand for Advent’s integrated wealth management solution, which includes trading, compliance, portfolio management, client relationship
management and research management has increased steadily in recent years as firms look to strengthen their operational infrastructures,
achieve increased efficiencies, manage costs and improve client service.
“The Middle East has become a very important region for Advent over the last few years where we have seen a significant increase in the
demand for our proven and reliable wealth management solutions,” said Hakan Valberg, Senior Vice President and General Manager of Advent
Software EMEA. “Having a strong team of industry experts in Dubai that understands the local market has been a key factor in winning new
business and developing strong relationships in the region. We look forward to further expansion in the Middle East and adding to our growing
client
list.”
Advent has had a client base in the Middle East for more than five years and established its Dubai office in 2006, which now includes local
client support and sales teams and implementation consultants. The majority of the Dubai team is from the region, and all are experts in the
field of investment management. Advent is also a member of the Dubai International Financial Centre (DIFC).
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