Advent Softwares Middle East expansion continues

Date: 10 Nov 2010


Advent Software has moved to a larger office in Dubai, within the precincts of the Dubai International Financial Centre (DIFC), of which Advent has been a member for the past five years. The new office space is a response to the growing demands from the Middle Eastern and North African markets and reinforces Advent’s commitment to the region.

“The Middle East is a very important market for Advent,” said H√•kan Valberg, Senior Vice President and General Manager, Advent Software EMEA. “The opening of the new office is a milestone for us, as it demonstrates our expanding commitment to the Middle East and further strengthens Advent’s position as a leading global software and services provider. The combination of our industry-leading product suite and local knowledge and support infrastructure has led more than 30 firms in the region to choose Advent, making us the premier single solution vendor for investment management organizations in the region.”

With this growing, locally based team, Advent understands the local requirements and regional differences, speaks the local languages and provides support to all its clients in the region. The clients range from some of the largest investment management firms like Jadwa Investment, Emirates NBD, Shuaa Capital and ANBInvest to new entrants like United Financial House.

Advent has been providing investment management solutions to asset managers, family offices and wealth managers in the region for over seven years. More than 30 clients are based across the region, from UAE, Qatar, Bahrain and Saudi Arabia to Egypt.

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