Clariden Leu Selects Advent Suite
Clariden Leu UK, the asset management subsidiary of Clariden Leu, a Swiss private bank based in Zurich, will implement Advent Portfolio Exchange (APX); Moxy, Advent's ubiquitous order management system; and Advent Rules Manager, to support its portfolio management, order management, and compliance functions.
According to Advent, Clariden Leu had until now depended on its parent company for its technology infrastructure. Following a corporate re-structure, it was faced with having to implement its own wealth management platform, independent of its previous systems. An additional challenge was that that the project had to be completed within a short time frame using limited resources, without investing in a new infrastructure or training new personnel.
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