SAN FRANCISCO – March 3, 2009 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has launched the next generation of Tamale RMS®, its industry-leading research management solution designed specifically for the front office. Version 4.0 introduces an open, flexible framework that allows firms to customize the application to meet their specific research process workflow requirements.
“Tamale RMS® 4.0 is a significant next-generation release that marks an important step for Advent in enabling investment management firms to further improve their front-office workflow,” said Mark Rice, Senior Vice President and General Manager of the Tamale group at Advent. “We realize that no two firms are alike, so version 4.0 was built with easy flexibility as a top priority. Clients have the ability to capture, store and find the information they want, in a format they prefer, providing them with a more powerful foundation for making investment decisions. In addition, we have completely opened up our platform to allow sophisticated clients to access their RMS data with a direct server to server connection and to configure the RMS modules to their needs.”
Tamale RMS®, the industry’s original research management solution, helps portfolio managers and analysts organize and share their research, in order to manage more investment ideas, more effectively. The solution, which is used by 2,000 investment professionals around the world, organizes information around the workflow of each investment professional or team and provides features that enhance the research process. Now part of the Advent suite, Tamale RMS® brings unparalleled efficiency and organization to the research process.
The latest version of Tamale RMS® provides firms with easy access to the information most important to the front office in the investment decision-making process, such as: research, market data, current activity, exposure and performance. Firms can more efficiently leverage qualitative and quantitative data, integrated into a single view, to optimize the investment decision-making process. Additional enhancements to Tamale RMS® 4.0, based on the clients’ need for easier communication, flexible search and event scheduling, include:
“The new level of flexibility and integration in Tamale RMS® 4.0 allows us to keep all of our disparate types of research right at our fingertips, and with the improved mobility feature, we now have access to all of our data anywhere at any time,” said Jack McPherson, Managing Director and Portfolio Manager, Eagle Boston Investment Management. “Tamale RMS® 4.0 has taken research management to a new level and demonstrates a continued commitment to enhancing the research process for the front-office.”
Peter Hess, President of Advent, concluded, “Tamale RMS® is a key addition to our diverse lineup of reliable and proven solutions for the investment management community. With Tamale®, Advent is the only software vendor that offers clients a comprehensive workflow solution for total visibility across the firm’s most important information – from ideas to positions to performance – which significantly improves decision-making and productivity, leading to more informed and timely investment choices.”
For more information on Tamale RMS® visit http://www.advent.com/solutions/hedge-funds-software/research-management.
Advent Software, Inc. (www.advent.com), a global company, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in 60 countries use Advent technology. 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 here.
Any forward-looking statements included in this press release involve risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include continued sales of existing products, market acceptance of new products, the impact of initiatives by competitors and other risks detailed in Advent’s most recent filings with the Securities and Exchange Commission, including, but not limited to, its quarterly reports on Form 10-Q and its 2007 annual report on Form 10-K/A, copies of which may be obtained by contacting Advent Software at (415) 645-1787 or by visiting Advent’s Investor Relations Web site at www.advent.com.
The Advent logo, Advent Software, Tamale and Tamale RMS are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.