SAN FRANCISCO, CA and LONDON and DUBAI, UNITED ARAB EMIRATES--(Marketwired - Apr 9, 2013) - Advent Software, Inc. (
Jad Fares joins Advent as regional sales manager for the MENA region, from Bloomberg where he served as Middle East and Africa Manager for Electronic Trading and Execution. He has over ten years' experience working for companies providing high-end solutions to markets in the Middle East and the US as well as has an extensive background with sovereign wealth funds, pension funds, global asset managers, hedge funds and investment banks. In his role, Mr. Fares will be responsible for continuing to develop Advent's position as one of the leaders in the market in Saudi Arabia, as well as the broader MENA region.
Today more than 30 MENA-based clients use Advent's local solutions along with its world-class investment management systems. As evidence of the company's commitment to the region and understanding of the unique needs of clients in MENA, Advent maintains a full-service office in Dubai, which includes sales, relationship management, professional services and client support professionals.
Jesper Steiness will serve as director of business development for the EMEA region with a focus on the Luxembourg market. Mr. Steiness has over 20 years' experience in the global fund industry in Hong Kong, Singapore and Luxembourg. He has an extensive background in fund administration, custody and asset management and has held a number of independent directorships on fund boards.
"We're thrilled to have Jad Fares and Jesper Steiness on board as part of the Advent team as we continue to strengthen our position in the region by adding more clients and developing a larger footprint with existing clients," said Håkan Valberg, Senior Vice President and General Manager, Advent Software EMEA. "They bring an impressive background that will be a valuable asset in supporting Advent's goals of eliminating boundaries between people, information and systems. Our growth in the region is the result of investments in the local solutions as well as Advent's service delivery. Our new appointments reinforce our strong commitment to building long-term relationships with our clients throughout Europe and the Middle East."
Advent, the Advent logo and Advent Software are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
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/about/resources/demos/pr.