CITIC Securities Selects Advent to Support Growth Strategy

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that CITIC Securities Co., Ltd. a leading full-service investment bank based in Beijing, China, and a subsidiary of CITIC Group, is now live on Advent's Geneva and Geneva Advantage solutions.
As a global multi-strategy fund, CITIC trades in a number of financial markets, which required them to find a solution with enhanced global capabilities as well as broad functionality.CITIC selected Geneva and Geneva Advantage to meet these needs.Geneva is a global portfolio management and accounting solution delivering comprehensive instrument coverage, full financial general ledger, a unified data model enabling flexible reporting capabilities and industry-standard integration tools allowing firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.Geneva Advantage is a reconciliation system seamlessly integrated with Geneva that automates firms' reconciliation processes and provides top-down visibility into severity and status of breaks to maximize operational efficiency.
According to Stephen Xu, Technical Director at CITIC Securities International, "Our decision to choose Advent's Geneva solution was based on Advent's proven expertise in the global alternatives market, their track record of success in implementing premier solutions, and the local service provided by Advent's Beijing-based, development, implementation and support team."
"We're excited to work with CITIC and look forward to growing our relationship in the years to come," said Pete Hess, President and Chief Executive Officer, Advent Software."CITIC's decision to work with Advent is a testament to our ability to deliver great local services and support in Asia.Our local expertise paired with our award winning solutions and knowledge of the global alternative investments market is the key to helping our clients in the Asia Pacific region eliminate the boundaries between systems and information."
About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983.Advent's proven solutions can increase operational efficiency, reduce risk, and eliminate the boundaries between systems, information and people so you can focus on what you do best. With more than 4,500 client firms in over 60 countries, Advent has established itself as a leading provider of mission-critical solutions to meet the demands of investment management operations around the world.Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization.For more information on Advent products visit http://www.advent.com/about/resources/demos/pr.
Advent, the Advent logo, Advent Software and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
About Geneva
Geneva, a global portfolio management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data. Geneva offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures. For more information on Geneva visit https://secure.advent.com/info/geneva_livedemo.

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CITIC Securities Selects Advent to Support Growth Strategy

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Geneva 2013. Alfa 4C, pure sportiness

Alfa Romeo returns to the Geneva Motor Show with a spectacular booth that unfolds like a winding, dynamic road, the ideal place to present the world premi?re of the Alfa Romeo 4C, the ?compact supercar? which represents the true essence of a sports car, embodying the authentic values of the brand: Italian style, performance, and technical excellence, offering maximum driving satisfaction in total safety.

Designed by Alfa Romeo and produced in the Maserati plant in Modena, the beguiling mid-engined rear-wheel drive coup? with 2 bucket seats will be available for purchase in 2013 and it will be the first car to mark the return of the Italian brand to the United States and thus inaugurate Alfa Romeo?s global growth plan.

Derived directly from the concept which raised many eyebrows in wonder at the Geneva Motor Show in 2011, the Alfa Romeo 4C uses technologies and materials derived from the 8C Competizione - carbon, aluminium, rear-wheel drive - and technologies from the latest standard models from Alfa Romeo currently on the market, but thoroughly developed to enhance the sports appeal of the new car to the full. This is demonstrated by the new 1750 Turbo Petrol engine with direct injection and aluminium block, the sophisticated ?Alfa TCT? twin dry clutch transmission and the Alfa DNA selector with the brand-new Race mode.

A length of approximately 4 metres and a wheelbase of less than 2.4 metres: these dimensions on the one hand emphasise the car?s compact attributes while also accentuating its agility on the other. In addition, the excellent dynamic features of Alfa Romeo 4C are confirmed by a weight to power ratio of less than 4 kg/HP; it?s a value worthy of a real ?supercar?. This vehicle quite simply screams Alfa. Its sports car soul creates a unique driving sensation, both on the road and when racing, where its velocity and transverse acceleration become even more demanding.

The public at the Geneva Motor Show will be able to admire some examples of the Alfa Romeo 4C on display and will even be able to get hands-on experience of the most innovative technological content: the engine-transmission unit dissected so that you can see its tiniest details and the suspended carbon fibre chassis to emphasise its lightness, surrounded by a transparent profile which takes up the line of the 4C to help visitors contextualise the position of the body in relation to the body of the car.

For the Brand, the World Premi?re of the Alfa Romeo 4C represents the occasion to launch the exclusive merchandising collection inspired by the new ?super compact?, created working closely with Mopar?. Thanks to the support of the Alfa Romeo Style Centre, the products were conceived and produced to reflect the sports essence of the new model and reinforce its premium identity, both in the design and in the materials used (aluminium, carbon, leather). This way, the connection between the model and the products of the merchandising line is clear and indissoluble.

The product range, the development of which was coordinated by Mopar?, includes various types of item: the more iconic, able to express the brand?s image and the content of its DNA to the full, such as the all-carbon long-board, the aluminium luge and the carbon sunglasses. Then, those characterised by fashion and lifestyle, such as the high-impermeability raincoat, the carbon-brushed sweatshirt with softshell inserts and the waterproof backpack. A more technological area is occupied by the ski goggles or snowboard with GPS connection for augmented reality, the ceramic clock and the handmade carbon and aluminium pen, while the car-shaped USB drive and the carbon cover for iPhone or iPad are more geared towards fun.

What?s more, in response to the huge demand from fans of the Brand, Alfa Romeo and Mopar? are launching the new e-commerce portal right in Geneva. Within the portal, you can purchase all merchandising products, including the high-quality Alfa Romeo vintage line and the new line dedicated to the 4C, plus a vast range of accessories for personalising your car.

Alfa Romeo will be offering visitors to the Geneva Motor Show 2013 an original experience linked to the launch of the Alfa Romeo 4C. Specifically, the exhibition space will be fitted with a laboratory with two latest-generation 3D printers which will be producing, in real-time throughout the show, a limited series of gadgets in PLA, a biodegradable plastic, mirroring the style of the Alfa Romeo ?compact supercar?. Visitors who wish to collect their own unique and customised item free of charge can reserve it on the website:? 4c.alfaromeo.com. Once at the booth, they will be invited to select the colour of the reserved item using an interactive panel and witness its physical production with their own eyes, layer after layer, then collect it. Indeed, 3D printers make it possible to create any item and they are the last frontier in digital customisation. Conceived by Seac02, this initiative is implemented with the collaboration of Fablab Torino, the first Italian ?fabrication laboratory? specialising in production and digital fabrication.

Finally, visitors will be introduced to the products of FGA Capital, a finance company specialising in the automotive sector, through illustrative materials and dedicated media at the booth. The finance company is operative in all the major European markets, and in Switzerland with Fidis Finance, with a sole mission: to support the sales of all Fiat Group Automobiles brand vehicles by offering innovative financial products with high added value services targeted to the dealership network, private customers and companies.

News source: WebWire

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Geneva 2013. Alfa 4C, pure sportiness

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