San Francisco, CA, October 19, 2004 - Advent Software, Inc. (NASDAQ: ADVS) announced that Gail Schulman has been appointed Executive Vice President in charge of strategic business development. Ms. Schulman will be a member of Advent’s executive management team, and will focus initially on Advent’s Global Accounts business, where she will help evaluate business opportunities, develop product and market strategies, and work with key customers.
Ms. Schulman was the president and CEO of Thomson Financial Software Solutions, responsible for its enterprise software and services offerings including the Portia product, from 1993 to 2000. Here she established the division’s strategy, organization and infrastructure to transform it from a start-up business to its position as a leader in high-end portfolio management software and related services. She then served as senior vice president of Thomson Financial in charge of strategic business development, where she managed cross-company opportunities and major business growth projects during a period of extensive corporate change. Most recently, she has consulted on strategy and operations management for several financial software companies, and has served as chief operating officer of LifeHarbor, a provider of enterprise software for the wealth management industry.
“Gail brings a wide breadth of experience and industry relationships to Advent at a key growth period for us. As we continue pursuing opportunities in the global accounts arena, Gail’s leadership will add further strength to our formidable team, and will position us for continued growth in this important market,” said Stephanie DiMarco, Advent’s chief executive officer.
Advent Software, Inc. (www.advent.com), a multi-national company, has been providing trusted solutions to the world's leading financial professionals since 1983. Firms in 50 countries using Advent technology manage investments totaling more than US $8 trillion. Advent's quality software, data and services enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs.
Advent Software, Inc.
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