Fulcrum Leverages Advent’s Geneva® for Growth Strategy

Fulcrum Leverages Advent’s Geneva® for Growth Strategy

Global Fund Administrator Implements Advent’s Award-Winning Portfolio Management and Fund Accounting Platform

SAN FRANCISCO – February 6, 2008 – Advent Software, Inc., (NASDAQ: ADVS), the leading provider of software and solutions for the global investment management industry, today announced that Fulcrum Group has implemented Geneva®, its award-winning portfolio management and fund accounting solution.  Established in Bermuda in 1995, Fulcrum is a global hedge fund administrator with offices in New York, London, Canada, Ireland, the Cayman Islands and India.

As part of its overall full service offering and expansion strategy, Fulcrum migrated its accounting platform to Geneva® 7.0, the leading portfolio management system designed to support complex global investment strategies.  With comprehensive instrument coverage, multi-currency capabilities and profit and loss (P&L) reporting at the security level, Geneva® enables Fulcrum to stay reconciled on a daily basis and to offer a wider range of services to its clients.

“Fulcrum’s strategic initiative to provide full service administration was the primary driver behind our selection of Geneva® for our accounting platform,” said Chris Mulhern, Chief Operating Officer, Fulcrum Group. “As we grow and extend our business, Geneva®’s leadership position will benefit not only our overall service offering, but our business development and marketing. There are key components that will help us achieve our goal of being the gold standard administrator – our global presence, our operating model, our approach to staffing – and definitely our use of Geneva®.”

Continued Mulhern, “Historically, Fulcrum has been known for administering many funds with complex instruments, products and strategies, and has built a reputation for this capability. The ability of Geneva® to stay abreast and to handle new instruments, new strategies, and new reporting requirements made it extremely attractive.”

“We are delighted to welcome Fulcrum as a new client.  They join a global community of over 150 investment management firms who are committed to Geneva® for operational efficiency,” said Chris Momsen, Vice President, Sales and Marketing and Co-Head of Global Accounts for Advent.  “Not only has Geneva® streamlined Fulcrum’s existing processes, but it allows them to more effectively compete.”

About Fulcrum
Established in Bermuda in 1995, Fulcrum Group is a leading global fund administrator for the hedge fund and alternative investment management industry.  Fulcrum is management owned and funded by 3i.  Led by experienced professionals, Fulcrum is committed to quality information, technology, and processes.  Since Fulcrum’s inception, it has invested in the creation of technology designed specifically to satisfy the demands placed on a fund administrator by hedge fund managers and investors.  Continuous development of our proprietary software maintains our position as a global leader in the automation of fund administration processes.  Fulcrum has offices in New York, London, Bermuda, Canada, the Cayman Islands, and India.  For more information please visit www.fulcrumlimited.com.

About Geneva®
Geneva®, a global investment management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data.  Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.

About Advent
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 $18 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 and Geneva are registered trademarks of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.


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