Advent Software Signs Agreement With Leading Financial Services Provider In Malta

Advent Software Signs Agreement With Leading Financial Services Provider In Malta

ATHENS – November 17, 2003 - Leading provider of investment management solutions, Advent Software Inc., announces that its Southern European operation Advent Hellas S.A has signed a technology partnership with Globe Fund Advisors Ltd., a member of the Global Group. This is their first client in Malta. Advent Software Inc. is quoted on the Nasdaq (ADVS) and provides support to firms in 55 countries who manage investments in excess of USD 8 Trillion.

After a careful selection process among the top solution providers in Europe, Globe has chosen Advent Office™ for Portfolio Management & Reporting. They will use the solution linked to their product pricing and portfolio management system.

Assurance and confidence with the Advent Solution
“The Advent solution meets our short and long term requirements. The fact that Advent invests millions in software development, gives us the assurance and confidence that Advent give top priority to its clients. We also believe that this agreement will add value to our operations and assist us in achieving our objectives”, says William Van Buren, CEO – Investment Services of the Global Group.

Feel safer with the Advent solution
“This will be a new venture and a new system for us in our organisation. However, we feel safer with the solution that Advent provides. This leading software has excellent reporting capabilities, which will benefit both our clients and our organisation through the reduced manual work and increased back office efficiency. We believe we have chosen the appropriate system to assist us in reaching our goals.” concludes Van Buren.

Aiming for success with the Advent Solution
“I am proud to announce that this is our first client in Malta”, says Regional Director for Southern & Eastern Europe, Makis Ioannou. “With the scalability and top reporting capabilities that the Advent solution provides, a firm like Globe Fund Advisors is all set with the right tools to achieve the success they aim for. We find Malta to be an interesting market where we plan to have strong focus in the coming year.” Ioannou concludes.

About Advent

Advent Hellas S.A. is a subsidiary of Advent Software, Inc. serving the Greek, Southern and Eastern European markets.

Advent Software, Inc. has been providing trusted solutions to the worlds' leading asset managers since 1983. Firms in 55 countries use Advent technology to manage investments totalling more than $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent's common stock is traded on the NASDAQ National Market under the symbol ADVS.

Advent Software, Inc. is located at 301 Brannan Street, San Francisco, CA 94107, telephone +1 415 543 7696, Advent Software, Inc. is a registered trademark of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.

Anne Line Lande, Marketing Manager
Advent Europe

William van Buren
Globe Fund Advisors Limited