Conseco Capital Management will automate parts of its portfolio management, trading, and back-office functions with software from Advent Software of San Francisco.

Advent Office will be used to manage $600 million of Conseco Capital's $35 billion of assets under management. The Conseco Inc. subsidiary will also use Advent's Axys portfolio accounting system, Moxy trade order management system, and Rex automated reconciliation application.

Richard Burke, vice president of information systems at Conseco Capital, said, "Advent Office's custodial data service is particularly valuable because it helps automate the process of moving enterprise data from our equity custodians into other data bases in our offices."

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