January 2017 Newsletter – CSSI Upgrades Case Study

CSSI Upgrades Case Study: APX, Moxy, & Revenue Center

About Client

CSSI worked with a registered investment advisor managing $1.5B in assets for high net worth individuals and families as well as foundations and endowments. Formed in 1982, the RIA provides financial planning, portfolio management and general consulting services to its clients.

The Challenge

To find a suitable alternative for APX, Moxy, Revenue Center upgrades outside of Advent for cost savings without sacrificing quality and expertise.

The Benefits

All seeds of doubt about using a third party provider for Advent standard upgrades was put to rest at a substantial cost savings without sacrificing quality or performance. The RIA estimates a cost savings up to 40% over Advent Professional Services and other vendors.

CSSI has built a reputation of responsive customer support and quality work which was demonstrated throughout the upgrade process. References to this client as well as others can be provides upon request.

Advent Ending Support

In October of 2017, approximately one year from now, phone support and online support will end for the following product versions and any previous versions

Advent Portfolio Exchange® 14.2
Advent Revenue Center® 14.2
Advent Rules Manager® 14.2
Axys® 14.2
Moxy® 14.2

CSSI Portal Study: LightPort Conversion

About Client

CSSI worked with a multi-asset class manager based in San Francisco who managed funds for both individuals and institutions with asset over $1.4B.

The Challenge

To find a suitable replacement for their existing portal that would provide better performance and features without significant cost increases.

Why the CSSI Portal

After doing extensive due diligence on upgrading with their existing provider and looking at other products, the CSSI Portal provided the best technology and performance for the right price.

“This was a no brainer for our firm, all the other products were too feature rich with an expensive price tag. We wanted a platform that would be an easy transition for not only our clients but internally as well. The onboarding timeline was on target and we were up and running in less than 4 weeks. Add to the fact that CSSI had expertise in Advent and quarterly report packaging and the price being 3x cheaper than other similar platforms and we were sold.”

During the onboarding process CSSI provided clear and constant communication. “CSSI was smart about utilizing our existing profiles with LightPort and mimic them with enhancements in their portal. This was a creative solution to what would have otherwise been a much longer process.”

The Benefits

The RIA estimates a cost savings up to 150% over what other vendors were offering.

CSSI has built a reputation of responsive customer support and quality work which was demonstrated throughout the portal transition. References to this client as well as others can be provides upon request.

Next Steps

To learn more about how CSSI can help with you upgrades please reach out to: Christian Cruz, , (610) 992-9287