Advent’s Black Diamond Delivers Powerful Intraday Integration with Schwab OpenView Gateway

Latest Collaboration Provides Clients with Enhanced Custodial Data Integrations across Solutions

SAN FRANCISCO – August 19, 2013 – Advent Software, Inc. (NASDAQ: ADVS) today announced the successful integration of Advent’s Black Diamond portfolio management, reporting and rebalancing platform with Schwab OpenView Gateway™. As one of the first portfolio management and reporting vendors to integrate with Schwab OpenView Gateway™, Advent is extending the availability of custodial data in collaboration with Schwab Intelligent Technologies™ to include intraday information, account profiles, reports, and operational alerts to streamline clients’ daily workflows.

Through this collaboration, Black Diamond and Schwab’s mutual clients can access the specific intraday data from Schwab Advisor Center® right within Black Diamond. The Schwab OpenView Gateway™ integration reduces the need to switch views between the two systems, decreases distractions, and improves mutual clients’ ability to quickly serve their investor clients’ needs.

“I love that the Schwab and Black Diamond teams have collaborated to make my job easier as an advisor,” said Kevin Sweet, Executive Director of Column Capital. “It results in happier advisors and happier clients. Having access to Schwab Advisor Center® information right within Black Diamond is invaluable.”

“We’re excited that the Black Diamond integration is now generally available and that our clients can now access Schwab through this leading technology platform.” said Neesha Hathi, senior vice president, Advisor Technology Solutions for Schwab Advisor Services. “We’ve enjoyed a productive, longstanding relationship with Advent and now serve more than 1,500 shared clients. We look forward to building on this success by integrating with Advent’s other leading products to deliver this rich client experience to more advisory firms.”

According to Dave Welling, Senior Vice President and General Manager of Black Diamond, an independent business group of Advent Software: “With this integration, we are continuing to help our clients thrive and provide great service to their clients through technology that helps them save time and make more informed decisions. We’re proud of our long-standing relationship with Schwab, and this integration is another step in our joint efforts to better serve and support our mutual clients.”

In addition to this integration, clients using other Advent solutions and accessing data feeds through Charles Schwab and Advent Custodial Data® will now experience a higher level of data quality and an improved user experience with a new version of the interface. Advent now offers comprehensive custodial data integration with over 800 custodians and the Charles Schwab – Advent Custodial Data® interface is amongst the most widely adopted Advent custodial feeds.

About Black Diamond
As an independent business group within Advent, Black Diamond’s mission is to support and cultivate advisor greatness by providing the best combination of technology, service and innovation in the industry. The Black Diamond platform is purpose-built to meet the evolving needs of advisory firms and currently supports over 440 advisory firms representing over $180 billion in assets under management. For more information about the Black Diamond platform, visit:

About Advent
Advent Software, Inc. (, a global firm, has provided trusted solutions to the world’s financial professionals since 1983. Advent’s proven solutions can increase operational efficiency, reduce risk, and eliminate the boundaries between systems, information and people so you can focus on what you do best. With more than 4,500 client firms in over 60 countries, Advent has established itself as a leading provider of mission-critical solutions to meet the demands of investment management operations around the world. 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

Advent, the Advent logo, Advent Software, and Advent Custodial Data are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.

Amanda Diamondstein-Cieplinska
Advent Software, Inc.
(415) 645-1668