Both Advent and RedBlack have completed the full integration between Advent Portfolio Exchange (APX) and Axys platforms, and RedBlack’s portfolio rebalancing solutions.
The integration will make it easier for the current and future Advent and RedBlack clients to choose technology that will best meet their needs for creating more efficient workflows.
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Anthony Sperling, senior vice president and general manager, Asset Management Group at Advent remarked, "Similar to the current integration we offer between Advent’s Black Diamond platform and RedBlack, this new integration will allow Advent’s APX and Axys clients to employ RedBlack’s unique and powerful modeling, rebalancing and optimization capabilities through seamless connectivity with our range of industry leading portfolio management platforms."
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