London – 19 March 2015 – Klarity Risk Ltd, a fast growing European provider of software and services to the global Market Risk Management Industry, announces a strategic global partnership with Advent Software that teams the market-leading strengths of each company to address highly specialized Risk Management requirements.
The landmark partnership aims to provide expanded Risk Management functionality and address key industry challenges that portfolio and risk manager face daily on a global basis. Based on the seamless integration between Paragon Risk Management and Advent Portfolio Exchange (APX)® & Axys®, Risk Professionals can be more effectively focus on managing sources and causes or risk in their portfolios, aiming at the highest potential return.
«This significant next step in our partnership with Advent stems from years of joint collaboration with European common customers and with a mutual focus on delivering the best possible technologies for their evolving business needs.» said Mr. Makis Ioannou, KlarityRisk’s CEO. “We are delighted to be teaming once again with Advent Software and plan the geographic expansion our our solution delivery to bring innovations to Advent clients in the USA, in order to help accommodate their Market, Reporting and Compliance Risk Management needs.”
About Klarity Risk
KlarityRisk provides software applications and services to measure Market Risk to the mid-size buy side market of the investment management industry. All KlarityRisk products are fully integrated to Advent Software Asset Management suite of applications but they are designed and operate with any back-office investment management system. We aim to provide our clients with stable, technologically advanced solutions to accommodate on-time, accurate market risk measurement and reporting.
For more information contact your KlarityRisk representative, at marketing@klarityrisk.com
About Advent
Advent Software, Inc. (www.advent.com), 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
KlarityRisk, the KlarityRisk logo are registered trademarks of, Klarity Risk Ltd.
Advent, the Advent logo, Advent Software are registered trademarks of, Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.