SAN FRANCISCO and LONDON – May 19, 2008 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and solutions for the investment management industry, today announced that it has been named ‘Global Securities Services Technology Vendor of the Year’ by International Custody & Fund Administration Magazine (ICFA).
The ICFA Global Awards recognize and highlight excellence and specific achievement of key service providers throughout the international asset servicing industry. The awards are designed to acknowledge and promote service providers that can demonstrate the very highest levels of quality and consistency at a truly international level with improved products and services for the benefit of their clients.
Stephanie DiMarco, Founder and Chief Executive Officer of Advent, commented, "Advent is honored to be named global securities services technology vendor of the year. This award is a testament to Advent’s industry-leading software and services as well as to our deep commitment to the European and the Middle Eastern markets, where we see a large and growing opportunity. We maintain eight offices across the region, which allows us to respond directly and immediately to the particular needs of our customers as we deliver our best-of-breed technology to help them run their businesses more efficiently. We thank our customers for their ongoing support.”
A team of expert judges selected the 2008 award winners. The panel included: Dr. Werner Frey, Chief Executive Officer, European Securities Forum; Angela Knight, Chief Executive Officer, British Bankers Association; Terry McCaughey, Independent Consultant, Terry McCaughey Associates; Jeremy Charles, Chief Operating Officer, Thames River Capital; Dean Lumer, Partner, Morse; and Jason Conway, Editor, ICFA.
The winners were announced on May 14, 2008 during the ICFA Global Awards dinner at the Grosvenor House Hotel in London. Advent was also recognized as the leading provider of fund accounting and reporting systems by The Hedge Fund Journal in March 2008, and as best buy-side technology provider by Buy-Side Technology Magazine in November 2007.
Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in 60 countries use Advent technology and manage investments totaling nearly US $18 trillion. 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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