Press Release

Advent Software Wins “Best Fund Accounting and Reporting Software” at HFM US Hedge Fund Services Awards

Advent’s Geneva Recognized for Excellent Service and Innovative Product Development


SAN FRANCISCO – November 17, 2014 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that its global portfolio management solution, Geneva®, was named “Best Fund Accounting and Reporting Software” at the HFM US Hedge Fund Services Awards 2014.  

With over 300 clients in 28 countries, Geneva® is a leading fund accounting, reporting, and portfolio management platform designed for alternative asset managers with complex international accounting requirements and/or wide instrument coverage needs. Client-driven enhancements and expanded functionality, as well as improved regulatory support, continue to make Geneva® the global investment management platform of choice in the alternative investments community. Geneva® also provides extensive client support, including a designated relationship manager, global, 24/7 follow-the-sun support, as well as access to Advent Direct® Community, Advent’s client-only portal where clients can connect, share information, and learn best practices from other Advent clients.

Advent has consistently demonstrated itself to be the strongest player in this space. The judges were impressed by the firm’s technical astuteness, innovation, and ability to grow market share. They also felt that Advent transcended strategy and AuM, saying that the firm was able to provide a sophisticated fund accounting solution across the industry. “Another impressive performance from a best in class service provider,” the judges said.

“We are honored to receive this recognition from HFM Week,” said Chris Momsen, Executive Vice President for Sales and Solution Management, Advent Software. “Hedge funds have been relying on Geneva® for over 20 years and the solution remains on the forefront of portfolio management technology. We’re proud of our longstanding leadership in the alternative investment space and the continued development of the Geneva® platform for our clients.” 

Advent adds this award to a long list of accolades over the last 12 months, including: Best Technology Provider, Investment Week Fund Services Awards; Best Client Reporting System, Systems in the City; Best Client Reporting Solution, FTF News Technology Innovation Awards; Best Portfolio Management Solution, WealthBriefing European Awards 2014; Best Client Communications & Reporting, WealthBriefing Switzerland & Liechtenstein Awards 2014; Best Client Relationship Management (CRM) System, Family Wealth Report; Leading Margin Management Provider Award, The Hedge Fund Journal; Best Fund Accounting and Reporting System 2014, Hedgeweek; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider, MENA Fund Manager Fund Services Awards 2014; Best Technology Platform 2014, Private Asset Management Magazine; and Best Fund Accounting Platform, Global Custodian

About Advent 
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we've helped over 4,300 firms in more than 50 countries — from established global institutions to small start-up practices — to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit http://www.advent.com.

The Advent and logo composite, and Geneva are registered trademarks of Advent Software, Inc. Any other company names or marks mentioned herein are those of their respective owners.


Contact: 
Kendall Reischl
Advent Software, Inc. 
+1 (415) 645-1771
kreischl@advent.com