Advent Software Expands its Presence in Canadian Market

Advent Software Expands its Presence in Canadian Market

Advent Portfolio Exchange® Improves Productivity and Enhances Client Service for Canada’s Lincluden

SAN FRANCISCO – March 25, 2009 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Canadian money manager, Lincluden Investment Management, has implemented Advent Portfolio Exchange® (APX).  APX is Advent’s industry-leading portfolio management and reporting solution.  With more than 50 clients in Canada, including asset managers, hedge funds, prime brokers and family offices, Advent’s mission-critical solutions have been helping Canadian firms improve operational efficiency, reduce risk, manage costs and enhance client service since 1988. 

For over 25 years, Ontario-based Lincluden has applied a value-based approach to investing in North American and international markets for both institutional and individual investors.  Faced with the need for greater functionality in its existing portfolio management system, Lincluden turned to APX for its automated integration with third party systems, SQL-based platform, and robust reporting capabilities and custom report creation tools. 

“Not only has APX helped us improve the quality of our reports, but also the efficiency of production and distribution,” explains Lynn Eplett, Vice President, Lincluden.  “The automation of reporting in APX saves us considerable staff time. Just in the regular monthly reporting that we pull together and deliver to clients, we’re probably saving one administrator one to two days of time.”

Added JoAnne Kekes, Manager of Information Technology at Lincluden, “APX brings a whole new level of automation to our operations, and has allowed us to free up a lot of our time to concentrate on more important things that the firm needs.”

“Advent Portfolio Exchange® successfully met Lincluden’s need for a robust and scalable portfolio management solution to help support and meet their business objectives,” said Michele Holton, Director of Product Marketing at Advent. “Advent is very pleased to be expanding its presence in the Canadian market and we are delighted to add Lincluden to our growing list of clients in Canada that have been using Advent’s suite of mission-critical solutions for more than 20 years to improve productivity and enhance client service.”

Concluded Eplett, “Between APX’s functionality, scalability, and the quality of service behind the product, I feel that we could grow our client base substantially without having to grow our staff.  I see APX serving Lincluden’s needs well into the future.”

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, click here.

About Advent
Advent Software, Inc. (, 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, click here.

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.

Media Contact:
Jessica Miller
Advent Software, Inc.        
(415) 645-1668