Advent Software Named ‘Best Portfolio Management System Provider’

Advent Software Named ‘Best Portfolio Management System Provider’

Industry Leader Recognized for Second Consecutive Year by Waters Magazine

SAN FRANCISCO and LONDON – August 19, 2010 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has been named by Waters Magazine as the ‘Best Portfolio Management System Provider’ in the publication’s annual readers’ choice rankings.  

“It is an honor to be recognized as best-in-class by Waters Magazine and our customers,” said Pete Hess, President, Advent Software. “The world’s leading firms rely on our solutions to run their mission-critical functions, and we remain committed to working with our clients and the industry to develop innovative technology solutions that meet current needs and provide a platform for future growth.”

Advent offers three portfolio management solutions and a range of deployment options – from installed, to managed, to hosted – to meet the unique requirements of investment management firms.

  • 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. With an integrated CRM, performance analytics, dynamic report customization and automated client statement packaging, APX delivers easy access to critical data and enables users to cost-effectively deliver superior client service.  Advent Portfolio Exchange® offers deployment choices and can be either installed onsite or accessed through Advent OnDemand(SM), Advent’s SaaS delivery solution.
  • Geneva® is a global investment management and accounting platform, designed for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data.  Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures. 
  • Axys® is Advent’s turnkey portfolio management and reporting system for small and mid-size investment management firms. More than 3,000 asset management firms around the globe – including hedge funds, family offices, wealth managers, registered investment advisors and financial planners – rely on Axys® to easily manage an expansive number of accounts and a range of investment instruments.

The Waters Magazine annual rankings are compiled based on a survey of its readers and recognize companies and solutions based on technological capabilities and industry expertise. Voters included buy- and sell-side firms as well as exchanges and brokerages.

About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world’s financial professionals since 1983.  Today firms in more than 50 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

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

Smita Topolski
Advent Software, Inc.
(415) 645-1668