Advent Unveils Most Extensive Release of Advent Portfolio Exchange® to Date

Advent Unveils Most Extensive Release of Advent Portfolio Exchange® to Date

Latest Update to Advent’s Award-Winning Solution Introduces Complete Flexibility in Reporting, Expanded Access to Data and CRM Enhancements

SAN FRANCISCO and LONDON – March 3, 2010 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced the release of Advent Portfolio Exchange® (APX) 3.0, its most extensive release of APX to date.  With this release, Advent continues to set a new standard in comprehensive portfolio management for asset managers and global wealth managers.  The latest version of APX offers ultimate flexibility to manage portfolios and client relationships.

Key features of APX 3.0 include:

  • New reporting framework using Microsoft SQL Server Reporting Services (SSRS) for complete flexibility in creating custom reports
  • Expanded data access to deliver superior client service and manage operations more efficiently
  • Enhanced client relationship management (CRM) features to better track and manage client communications

“We had been eagerly awaiting the new reporting capabilities in APX 3.0 and are extremely pleased with what we’ve seen,” said Jason Robinson, Manager of Reporting, Athena Capital Advisors.  “We anticipate extensive use of APX’s new SSRS reporting features; having complete flexibility in creating custom reports delivers significant value and time savings for our firm.”

“The CRM and client service component in APX continues to get better with each version; the enhanced search capabilities, Microsoft Outlook email capture and Microsoft Exchange synchronization were all must-haves,” said Peter Rieke, Chief Compliance Officer and IT Manager, Disciplined Growth Investors.  “Advent is continually working to make its products better and engaging clients in the process – we are very pleased to have them as our technology partner.”

“We are very excited about APX 3.0, a feature rich release which marks a critical milestone in the product’s evolution and extends its market leadership,” said Michele Holton, Director of Product Marketing at Advent.  “The expanded features and platform enhancements, along with the open architecture in APX 3.0, provide our clients with a valuable tool to help manage operations, grow assets and strengthen client relationships.” 

With more than 600 clients in 30 countries around the world, APX has established itself as a leading platform of choice for portfolio management and reporting, delivering a single, customizable solution to automate multiple phases of the investment management process.  Clients can choose from a range of deployment options for APX, including a locally installed model, or, with Advent OnDemandSM, a SaaS model with hosted options ranging from hardware and application managed hosting to full business process outsourcing.  APX clients are comprised of a wide range of investment management firms, including wealth managers, asset managers, family offices, independent advisors, trusts, broker dealers and hedge funds, managing assets from $25 million to over $100 billion. 

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is a comprehensive portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting.  This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface.  APX delivers improved client service with enhanced security for today’s amplified compliance environment. For more information on APX, visit the demonstration page.

About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world’s financial professionals since 1983.  Today firms in more than 60 countries rely 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 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 our product demo page.

Forward-looking Statements
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, changes in market and economic conditions 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 2008 annual report on Form 10-K, copies of which may be obtained by contacting Advent Software at (415) 645-1787 or by visiting Advent’s Investor Relations Web site at

Advent, the Advent logo, Advent Software and Advent Portfolio Exchange are registered trademarks of, and Advent OnDemand is a mark of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

Media Contact:

Jessica Miller
Advent Software, Inc.        
(415) 645-1668

Paul Watthey
Advent Software EMEA
+44 20 7631 9240