Dolan McEniry Capital Management Realizes Immediate Return on Investment with Advent’s Integrated Suite

Dolan McEniry Capital Management Realizes Immediate Return on Investment with Advent’s Integrated Suite

Fixed Income Specialist Streamlines Processes and Prepares for Growth

SAN FRANCISCO – August 11, 2010 - Advent Software, Inc. (NASDAQ:ADVS) a leading provider of software and services for the global investment management industry, today announced that Dolan McEniry Capital Management, LLC (“DMC”) has implemented Advent’s full investment management suite including Advent Portfolio Exchange® (APX), its award-winning, integrated portfolio and client relationship management solution; Moxy®, its industry leading trade order management solution; Advent Custodial Data (ACD), to electronically collect, consolidate, and deliver custodial data; Rex, to automate transaction reconciliation; and Advent Revenue Center, its comprehensive billing and revenue management tool.

A Chicago-based private fixed income value investor specializing in corporate bonds, Dolan McEniry has nearly doubled its assets under management to over $2 billion in the past 18 months as investors poured funds into their fixed income strategies. To accommodate this rapid growth and build a foundation for future expansion, Dolan McEniry needed a scalable technology solution to automate manual processes. 

The decision to replace their previous portfolio management system and spreadsheet-based manual processes with Advent’s product suite has had an immediate return on investment for Dolan McEniry. Since the implementation of Advent’s APX, the firm now generates monthly and quarterly reports in half the time.  Additionally, the integration of APX, ACD and Rex has enabled Dolan McEniry to conduct monthly reconciliation and performance calculations of its more than 550 accounts in just one day, compared to the four to five days required using the previous system. The implementation of  Advent’s order management system, Moxy has helped the firm’s traders manage mounting trade volumes more effectively as well as create a seamless integration between the firms trading and operations departments.

“Due to the current investment climate, investors are allocating more assets to fixed income and Dolan McEniry has been fortunate to have greatly increased assets under management.  DMC’s AUM growth required an upgrade to our portfolio accounting system and order management system. The Advent solution has allowed DMC to provide scalability, increase productivity, and significantly reduce manual data entry without adding additional staff,” said Roger S. McEniry, Managing Member, Dolan McEniry Capital Management, LLC.

“Dolan McEniry made the move to APX from a competing system in order to leverage advanced functionality to manage fixed income. With over 600 firms worldwide using APX we were confident we could achieve their expedited implementation schedule,” said Michele Holton, Director of Product Marketing at Advent. “We are very pleased that Advent technology can provide the foundation for their future growth.” 

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is an end-to-end 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

About Moxy®
Moxy® is the industry-leading OMS deployed at over 850 firms which automates and streamlines the trading and order management process and allows the user to send post trade allocation results to brokers electronically. Moxy® also provides Internet-ready electronic order routing based on the industry standard FIX messaging protocol, allowing users to route trades electronically to any FIX-compliant broker or crossing network that supports the Internet or other TCP/IP connections.  For more information on Moxy® visit

About Advent Revenue Center®
Advent Revenue Center® automates complex billing processes, from fee structures to collections. It boasts robust reporting features, including full audit-trail capabilities.  The product delivers increased efficiency and productivity throughout the entire billing process and builds business intelligence that enables investment managers to manage their revenue effectively.  Advent Revenue Center® utilizes a rules-based structure and is built on industry-standard SQL and .NET technology. For more information on Advent Revenue Center® visit

About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world’s financial professionals since 1983. 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

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

Smita Topolski
Advent Software, Inc.
(415) 645-1668