SAN FRANCISCO – November 8, 2007 – Advent Software, Inc. (NASDAQ: ADVS), the leading provider of software and solutions for the investment management industry, today announced the appointment of Robert A. Ettl to its Board of Directors. Ettl brings more than 20 years of financial services experience to Advent’s Board.
Ettl is currently a Managing Director of an investment advisor subsidiary of Allianz Global Investors. Previously, he was Global Chief Technology Officer at Allianz Global Investors where he oversaw global technology responsibility to include support for all development and infrastructure requirements.
Ettl’s past experience includes six years at Pacific Investment Management Company (PIMCO) serving in a variety of capacities, including Executive Vice President and Chief Information Officer, Chief Operating Officer and Chief Operations Officer. Prior to PIMCO, he spent nine years at Salomon Brothers, Inc., with roles which included Head of Finance Operations and Head of IT.
"We are extremely pleased to welcome Bob to our Board of Directors. In addition to his extensive management experience and strong leadership skills, he has a deep and thorough understanding of the financial services industry," said Stephanie DiMarco, Chief Executive Officer and founder of Advent. “We are confident that Bob will bring a fresh perspective to our business, and make a substantial contribution to both the operational and strategic direction of Advent.”
"With its industry leadership and award-winning solutions, Advent is well positioned to take advantage of the continued growth in the asset management industry,” said Ettl. "I am delighted to be joining the accomplished group of individuals that comprises Advent’s Board of Directors and I look forward to contributing to the Company’s success during such an exciting time in its history.”
Advent Software, Inc. (www.advent.com), a multi-national 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 $14 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.
Advent is a registered trademark of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software, Inc.