Advent releases new version of Moxy, and announces integration with SEI Investments.
Advent Software, a San Francisco-based solutions provider, has released a new version of its trade-order-management application, Moxy. While the solution had previously been available primarily as an integrated solution with the vendor's portfolio-management and performance-reporting solution, Axys. However, the new version of Moxy will be available independently of Axys and able to integrate with other trust-accounting systems.
Moxy is currently used by more than 650 firms with functionality including equity and fixed-income instrument coverage, integration to third-party back-office systems, internal security "checks and balances" and certified FIX connectivity to trade counterparties.
In addition, SEI Investments, an Oaks, Pa.-based asset-management and investment-technology solution provider, has announced its real-time integration with Moxy. The solution will be made available to banks and trusts in a hosted environment.