Advent Software Selects Private Cloud Provider Penta to Host Investment Management Products in the Cloud

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Advent Software, provider of software and services for the global investment management industry, has chosen Swiss private cloud provider Penta as one of the companies that will host their investment management products in the cloud.

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Penta’s Dubai-based data center is located in the Dubai International Financial Centre (DIFC)

Advent Software’s solutions are relied upon by investment managers around the world for client and portfolio management, trading and compliance, performance reporting and accounting, research management, and more.

With Penta’s private cloud infrastructures, Advent Software’s clients in Europe and the Middle East, who operate in the highly regulated investment management sector, will now have access to Penta’s local private cloud hosting services, providing them with the regulatory IT compliance and the confidence that their systems are secure.

Europe, Middle East

“By working with Penta, our clients can leverage Advent’s world-class investment management solutions in the cloud,” said Håkan Valberg, President, Advent Software EMEA. “We chose to collaborate with Penta in Europe and the Middle East because of its long track record in the cloud, dedication to security and regulatory compliance, and its unique audited offer for investment managers.”

Penta specializes in delivering private cloud hosting solutions to businesses requiring high reliability, business continuity, data security, regulatory compliance, and confidentiality. Penta’s private cloud services are compliant with Swiss regulations as well as Dubai DIFC, and are ISAE 3402 audited – most recently by Ernst & Young.

Headquartered in Geneva, Switzerland, Penta has offices in the Dubai International Financial Centre (DIFC), operating in four Tier-3+ redundant data centers with dedicated fiber-optic connections to London, Athens, and Moscow, as well as a standalone infrastructure in Tokyo.