SAN FRANCISCO – March 31, 2009 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced the appointment of Christine S. Manfredi to its Board of Directors. Ms. Manfredi brings more than 25 years of financial services experience to Advent’s Board.
"Advent is a proven industry leader, and I am honored to be joining its Board of Directors,” said Ms. Manfredi. "With its innovative, mission-critical solutions, Advent enables its customers to improve operational efficiency, reduce risks, lower costs and ensure compliance. I look forward to working with board colleagues to help the Company capitalize on its numerous opportunities for growth and expanded market leadership."
Ms. Manfredi is currently an independent business advisor. She retired from Wellington Management Company, LLP in December 2008, having joined the firm in December 1988 and served as a Partner since 1996. From 1988 to 2008, she was Director of Investment Administration and elected Senior Vice President in 1996. As Director of Investment Administration, Ms. Manfredi was responsible for client and fund administration, investment operations, performance services and client cash flow processes.
Prior to joining Wellington, Ms. Manfredi held several senior management positions at Shawmut Bank from 1983 to 1988. As Senior Vice President of the Mutual Fund division, she was responsible for mutual fund administration, custody and shareholder services. As Division Head of the Investment Securities division, Ms. Manfredi was responsible for Shawmut’s securities processing, custody and safekeeping and stock transfer functions.
"We are delighted to welcome Christine to Advent’s distinguished Board of Directors. Her extensive background and knowledge of financial services promises to enhance the future objectives of the Company," said Stephanie DiMarco, Founder and Chief Executive Officer of Advent. “Christine’s record of achievement combines very successful experiences both in operations and in strategy development and we are looking forward to her contributions.”
Advent Software, Inc. (www.advent.com), a global company, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in 60 countries use Advent technology. 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 organization. For more information on Advent products visit http://www.advent.com/about/resources/demos/pr.
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Advent Software, Inc.