SAN FRANCISCO and LONDON – November 15, 2011 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent’s Geneva® has been named ‘Best Buy-Side Portfolio Accounting Platform’ by Buy-Side Technology magazine for the fifth consecutive year. The annual awards honor the achievements of firms that service asset and hedge fund managers and are adjudicated by an expert panel from the buy side industry,including consultancies, analyst firms and the editorial team at Buy-Side Technology.
“We remain committed to working with our clients to develop innovative technology solutions to run mission-critical functions of the world’s leading firms. Being recognized by Buy-Side Technology magazine and esteemed buy side industry experts as the ‘Best Buy-Side Portfolio Accounting Platform’ for the fifth consecutive year marks a significant achievement and we appreciate the continued recognition of Advent as a global financial technology leader,” said Pete Hess, President, Advent Software. “With the latest enhancements to Geneva®, we’ve extended the solution’s portfolio management functionality to provide benefits to the front-, middle- and back-office, making it a compelling offer for alternative investment firms worldwide.”
Geneva® is Advent’s global portfolio management and accounting platform, designed for hedge funds, fund administrators, asset managers, 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 enabling firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures. By extending capabilities into the front-office, Geneva® makes real-time data accessible to traders and portfolio managers, providing increased transparency and enabling informed investment decisions at every level.
This award is the latest in a series of recent industry recognition for Advent that includes: The Leading Provider of Fund Accounting and General Ledger Systems, The Hedge Fund Journal; Best Portfolio Management System, Waters Magazine; Top Fund Accounting and Reporting System, Hedgeweek; Best Managed Account Platform Technology, HFMWeek; and FinTech 100, American Banker, Bank Technology News and Financial Insights.
Advent Software, Inc., a global firm, has provided trusted solutions to theworld’s financial professionals since 1983. Firms in more than 60 countries count 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 operational risks and 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 http://www.advent.com/solutions.
For more information about Advent’s Geneva® visit http://www.advent.com/solutions/by-product/geneva.
Advent, the Advent logo, Advent Software and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software, Inc.