Advent Software said that Saudi Fransi Capital chose to build a new foundation for operations with it to take advantage of functionality, cost-efficiency, the availability of regional presence and support, and full front-to-back office solutions, offered by a single vendor.

Saudi Fransi Capital CEO Yasir Al-Rumayyan said that Advent allowed them to improve core functionality while fulfilling business requirements. They value Advent as a long-term strategic partner for them, offering local team support and comprehensive asset class coverage, as well as the scalability to support their future growth.

Advent Software EMEA senior vice president and general manager Hakan Valberg said that being selected by Saudi Fransi Capital, thus adding another Middle Eastern Tier One institution to their client roster, validates their ability to support infrastructure globally.