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Advent Software, Inc.: Advent Software Recognized for 'Best Portfolio Management System'

^{Published on 2009-07-01 06:12:05, Last Modified on 2009-07-01 06:12:50 - Market Wire}
 

SAN FRANCISCO, CA and LONDON--(Marketwire - July 1, 2009) - Advent Software, Inc. (NASDAQ: [ ADVS ]), a leading provider of software and services for the global investment management industry, today announced that it has been recognized by Waters magazine as having the 'Best Portfolio Management System.'

"It is an honor to be recognized by Waters magazine and our customers as the best portfolio management provider," said Stephanie DiMarco, Founder and Chief Executive Officer of Advent. "Client satisfaction is our top priority and this award underscores our ongoing commitment to enhancing the breadth and depth of our solutions. More than 4,500 investment management firms worldwide depend on Advent solutions for mission-critical functions, and we remain dedicated to meeting and exceeding our clients' expectations by addressing their specific business needs and helping to give them a competitive advantage."

Advent offers three distinct portfolio management solutions to meet the diverse needs of the marketplace:

• Geneva® is Advent's global portfolio management and fund accounting solution designed to meet the real-time needs of firms with complex, international accounting requirements and/or wide instrument coverage needs, including alternative investments such as exchange-traded and over- the-counter derivatives.
  
• Advent Portfolio Exchange® (APX) is Advent's end-to-end portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back- office operations of portfolio accounting and reporting.
  
• Axys® is Advent's turnkey portfolio management and reporting system for small to mid-size investment management organizations. It provides investment professionals with broad portfolio accounting functionality on a variety of investment instruments, including equities, fixed income, mutual funds and cash.

The Waters Rankings are the annual readers' choice awards of Waters magazine, which recognize the combined leadership of technological capabilities and human expertise in each category. Qualified voters included buy- and sell-side firms as well as exchanges and brokerages.

These awards are the latest in a series of recent industry recognition for Advent that includes: Best Technology Provider, HFMWeek; Global Securities Services Technology Vendor of the Year, ICFA; Best Buy-Side Fund Accounting System and Best Buy-Side Client Reporting System, Buy-Side Technology; and FinTech Top 100, American Banker and Financial Insights.

About Advent

Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Today firms in 60 countries rely on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. 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 ].

The Advent logo, Advent Software, Advent Portfolio Exchange, Axys and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.