Advent Software has acquired Norwegian software provider Goya AS. Terms of the deal were not disclosed. Through this acquisition, Advent now offers the product Tradex, which is complementary to Advent’s existing products and is already implemented at a significant number of Advent clients in Europe and the Middle East.
Tradex is ideal for fund managers and fund distributors seeking a reliable, web-based fund distribution platform. With Tradex, these firms can efficiently make their own and third-party funds available to their advisers, branches, resellers and end investors via a fully automated order flow that can also track and manage sales commissions.