SAN FRANCISCO, CA--(Marketwire - Aug 30, 2012) - [ Advent Software, Inc. ] (NASDAQ: [ ADVS ]), a leading provider of software and services for the global investment management industry, today announced that [ Advent Portfolio Exchange ]® (APX) -- Advent's end-to-end portfolio management solution for asset and wealth management -- was awarded top honors in the [ CEB TowerGroup ]Portfolio Management Systems Technology Analysis. Advent Portfolio Exchange® was named a best-in-class in all four technology categories assessed: Portfolio Tools, Advisory Experience, Workflow Management and Enterprise Support.

"The financial services industry highly values portfolio management systems to drive efficiencies for wealth managers, asset managers and advisors while enhancing decision making and improving relationships with their clients," said CEB TowerGroup senior research director Peter Delano. "CEB TowerGroup identified 24 attributes that define a "Best-in-Class" Portfolio Management System in wealth management, which are grouped into four categories to support firms in their purchase decisions." CEB TowerGroup research director Darrin Courtney, co-author, added, "Finding the proper technology vendor is important, as recent CEB TowerGroup research found that, of wealth management firms surveyed, Portfolio Management is considered the most valuable technology."

In today's complex and competitive investment landscape, asset managers rely on technology to keep them ahead of the curve. APX is the first integrated portfolio management and client relationship management solution to deliver the tools needed across the entire enterprise -- from front, middle and back offices -- on a single platform. The solution offers portfolio tools, reliable data and calculations to streamline workflows and support the objectives of end users, while improving investment managers' ability to effectively communicate portfolio performance and deliver returns for the clients they serve.

"It is an honor to see APX recognized as a best-in-class across multiple categories in the CEB TowerGroup report. APX is a key component of Advent's platform for asset managers, which is used by asset and wealth managers globally," said Anthony Sperling, Senior Vice President and General Manager of Advent's Asset Management Group. "Over the past 18 months we have been increasing the pace of innovation within our solutions to support our clients' in streamlining workflows within their office, growing AUM and realizing ROI on their technology investment. We truly appreciate the acknowledgement from TowerGroup, and we are committed to partnering with our clients, solving complex problems, and eliminating boundaries to create forward-momentum in the investment management industry."

Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best-in-class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is an 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. 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 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 business while controlling operational risks and costs. For more information on Advent products visit [ http://www.advent.com/about/resources/demos/pr ].

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