Evercore Pan-Asset Capital Management has chosen Moxy, Advent Software’s trade order management solution, and Advent Portfolio Exchange, its portfolio and client relationship management solution, to support its growth plans.

London-based Evercore is a discretionary wealth management company which focuses on asset allocation and index tracking using exchange-traded funds.

Established in 2007, the firm offers tailored asset management solutions to a diverse roster of clients, including pension funds, charity endowments and high-net-worth individuals.

Evercore initially relied on spreadsheets to support its operations. However, it needed a robust technology platform with risk management and compliance capabilities in order to meet the due diligence requirements of its target institutional client base.

Using APX and Moxy, Evercore will be able to leverage a range of functionality from portfolio modeling, trade execution and restriction capabilities, through to portfolio management, performance analytics and exposure reporting.

“Advent’s suite of trade order management, portfolio management and reporting tools will provide us with everything we need to meet the high service expectations of our clients, while helping us improve our business efficiencies and reduce operational overhead,” says Christopher Aldous, chief executive of Evercore Pan Asset. “With Advent, we have a flexible and reliable platform that can support our large-scale growth plans, while ensuring at all times that we are serving our clients’ best interests.”

“We are thrilled Evercore Pan-Asset has chosen Advent as its technology partner to support them in their next phase of development,” adds Håkan Valberg (pictured), senior vice president and general manager, Advent Software EMEA. “Having a discretionary wealth manager of Evercore’s caliber select Advent’s solution for wealth managers reflects our reputation as a tried and trusted provider to this market segment, and we look forward to helping Evercore meet its future objectives.”