US-based firm Advent Software, a business providing software and services for investment firms, said the total number of clients in the Europe, Middle East, and Africa region that use its Moxy system has passed the 100 mark.

Moxy is a trading and order management toolset. Advent says it is the industry's most widely used trade order management system.  Moxy’s clients in the EMEA region include asset managers, hedge funds, bank/trust asset managers and broker dealers that range in size from $250 million in assets under management to more than $60 billion.

Moxy automates and centralises trading and order management tasks, allowing clients to focus on the market and trading and investment strategies. Investment management firms in Europe and the
Middle East such as Killik & Co, Raymond James Investment Services and SHUAA Capital have selected Moxy as a service.

Firms in 60 countries use Advent technology and manage investments totalling nearly $18 trillion.