LONDON and SAN FRANCISCO, CA--(Marketwire - Dec 6, 2011) - Advent Software, Inc. (NASDAQ: [ ADVS ]), a leading provider of software and services for the global investment management industry, today announced that BITA Risk™, the global provider of private client suitability assessment, risk profiling and profile monitoring applications, has joined Advent's Alliance Partner program.

BITA Risk combines deep industry and academic expertise in portfolio risk, analysis, construction and optimisation tools to bring added value and insight to its clients' businesses. The firm's applications have been used by relationship managers and investment advisors around the world for more than twenty years.

As a result of the relationship with Advent, BITA Risk will be integrated with two products that make up Advent's wealth management solution: Advent Portfolio Exchange® (APX), its portfolio management system, and Moxy®, its [ trade order management system ].

Martin Engdal, Director of Product Marketing, Advent Software EMEA, said, "We are constantly striving to offer clients the best solutions to meet their business needs and maximize their operational efficiencies, and we have earned a reputation for the excellence of our wealth management solution. We believe BITA Risk's client suitability, risk profiling and profile monitoring tools will help our clients provide an even better service to their investors."

Commenting on the alliance, Daryl Roxburgh, Global Head, BITA Risk, said, "Investment firms are under growing regulatory and reputational pressure to demonstrate that they are serving their clients' investment objectives with a portfolio that is suitable for their capacity and appetite for risk. Our tools, used by investment managers around the world, help them ensure that they are fully compliant, while improving client acquisition and retention. We are delighted to be partnering with Advent to offer the benefit of our integrated applications to their global community of users."

About Advent Portfolio Exchange®
Advent Portfolio Exchange^® (APX) is a comprehensive 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. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment. For more information on APX visit [ https://secure.advent.com/info/pr_apx ].

About Moxy®
Moxy^® is the industry-leading OMS deployed at over 850 firms which automates and streamlines the trading and order management process of investment executions and allows the user to send post trade allocation results to brokers electronically. Moxy^® also provides Internet-ready electronic order routing based on the industry standard FIX messaging protocol, allowing users to route trades electronically to any FIX-compliant broker or crossing network that supports the internet or other TCP/IP connections. For more information on Moxy^® visit [ https://secure.advent.com/info/pr_moxy ].

About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 60 countries count 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 businesses while controlling operational risks and 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/solutions ].

About BITA Risk
BITA Risk provides a range of applications for the investment community to support client acquisition and retention, through risk profiling, suitability assessment, investment proposal generation and portfolio monitoring and reporting processes. Clients include institutional and private client investment management firms, family offices, stockbrokers, and wealth managers in the UK, Europe and North America.

BITA Risk was founded in 1992, providing optimisation tools to institutional fund managers. During the 1990s the product offering grew in complexity and capability resulting in the launch of institutional research platforms and sophisticated optimisation methodologies.

BITA Risk was acquired by COR Financial Solutions Limited (COR-FS™) in 2002 and in 2003 collaborated with a leading private bank to develop BITA Star™, its wealth management platform providing private client risk profiling, wealth planning, strategic asset allocation and client reporting capabilities.

For further information please visit: [ http://www.bitarisk.com/ ]

Advent, the Advent logo, Advent Software, Advent Portfolio Exchange and Moxy are registered trademarks of Advent Software, Inc.

BITA Risk, BITA Star and COR-FS are trade marks of COR Financial Solutions Limited and/or its wholly owned subsidiaries.

All other company names or marks mentioned herein are those of their respective owners.