San Francisco, June 20, 2000 - Advent Software, Inc. (Nasdaq: ADVS) the leading provider of Enterprise Investment Management (EIM) technology, will present Advent Office this week at the Securities Industry Association Technology conference at the Microsoft pavilion. Advent Office, which has been licensed to more than 6,000 firms, has been developed using the Microsoft Windows NT operating system and the enhanced data analysis features of Microsoft SQL Server 7.0.
Advent Software has also announced plans to upgrade its systems to Windows 2000 and is currently in the process of qualifying Advent Office for this new technology platform.
New to the Advent Office suite is MyAdvent, the personal portal into the Advent Office suite. With MyAdvent, clients can quickly receive all the summary information based on their particular needs in one place in order to know exactly where they stand at any point in the day.
Also new to the Advent Office suite is Advent VistaTM a browser-based research tool for equities and the equity markets, which is fully integrated with Advent Office. Developed in conjunction with Advent Alliance Partner Worldstreet Corp., Advent Vista will allow users to view market information that is directly related to the holdings in their Axys¸ portfolio accounting reports. Advent Vista is the only market data tool available that gives users market news and information filtered and integrated to match their specific holdings. This data includes real-time equities prices, fundamental data, company financials, consensus analyst estimates and recommendations, charting and news.
"Customers have long benefited from Advent’s ability to consistently provide innovative solutions that meet the demanding business requirements of the financial services industry," said Matthew Conners, securities industry manager at Microsoft Corp. "With the release of MyAdvent that builds on the Advent Office suite, Advent Software has empowered its customers with a reliable solution that is easy to use and integrate with customers’ existing information systems."
Other Advent Office modules are being upgraded, including Axys version 3.4, Moxy¸ version 3.6, and Qube¸ version 3.1. Highlights include the following:
Axys 3.4 features compound reports for viewing multiple graphs and reports on one page; Advent Corporate Actions integration; and Reporting Drill Down for quick access to additional information on data contained in Axys reports.
Moxy 3.6 will allow portfolio managers to view the gain and loss information on their sales, and see the effect of these trades on their total portfolio gains and losses. Managers also can select specific lots to close against, or change the closing method. Moxy 3.6 will contain a query engine allowing users to quickly create groups of portfolios using a wide set of criteria. Users will be able to import external models from outside the system, and balance sections of portfolios against a model. Traders will be able to trade an order across multiple brokers and stepout commissions for individual portfolios to multiple brokers without splitting the order. Moxy 3.6 will use Microsoft SQL Server 7.0, and will be fully supported on Windows NT 4.0 and Windows 2000.
Qube 3.1 features more portfolio management functionality with enhanced investment searching capabilities and the ability to save and share searches on a firm-wide basis. Also new in Qube is integration with Microsoft Outlook for shared contact information, and integration with Advent Browser ReportingTM for Enterprise Users (BREU), allowing Qube 3.1 users to launch and run reports remotely with BREU.
Advent Software, Inc. is the leading provider of Enterprise Investment Management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company’s common stock is traded on the NASDAQ National Market under the symbol ADVS.
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