Market Leader Tamale RMS® Introduces New Compliance Features

Market Leader Tamale RMS® Introduces New Compliance Features

Advent’s Pioneering Research Management Solution Delivers Compliance into Everyday Workflows

SAN FRANCISCO – March 3, 2011 – Advent Software, Inc. (NASDAQ: ADVS) announced today that it has expanded and enhanced the compliance functionality found in Tamale RMS®, its pioneering research management solution (RMS).  Tamale RMS® helps automate and enforce consistent policies and builds compliance into everyday workflows.  It also puts firms in a much stronger position to document investment decisions and demonstrate due diligence. 

“All segments of the investment industry are expected to face increased regulatory scrutiny in the coming years, so an area of innovation for Tamale has been new modules, reports and enhancements to support best practices in compliance readiness,” said Mark Rice, Senior Vice President and General Manager of Tamale.  “More and more firms are choosing Tamale RMS® because it not only provides a more efficient platform for research management and investment decision making, but also because it enables them to demonstrate their investment process, explain their decisions and respond quickly to inquiries, whether from clients or regulators -- sending a signal that they are serious about thorough due diligence.  The key to compliance is having a clear policy that is consistently followed and rigorously documented, and Tamale RMS® helps automate and enforce this process.”

Advent recently introduced a Broker Evaluation module in Tamale RMS® that can be used to document meetings, correspondence, research and other services provided by brokers used in making investment decisions.  Firms can track meetings with company management that have been arranged by brokers, and assign a value to each meeting to help quantify the value of the services provided.  In addition to launching the Broker Evaluation functionality, Advent has made enhancements to the following Tamale RMS® features that support compliance:

  • Configurable Compliance Dashboard for reviewing the status of due diligence activities across a portfolio, watch list or group of securities in a configurable format designed for efficient review and for highlighting stale research. 
  • Books and Records Retention for documenting the reasoning behind recommendations and to support a compliance officer’s workflow of spot checking research for quality and adherence to procedures.
  • Insider Trading Monitoring to keep notes of all meetings with representatives of securities issuers and industry experts.
  • Universal Search and Advanced Filtering for retrieving the information produced and collected on a company, idea or topic – and the ability to filter by activity, source, timeframe and keyword.
  • Service Provider Due Diligence for organizing the review data on each provider, including interviews, references, correspondence, agreements and reasons for decisions.
  • Access Control, Security and Privacy to help ensure appropriate access control and security and offer robust support for a wide variety of privacy levels within an organization.

About Tamale RMS®
Tamale RMS®, the industry’s original research management solution, helps portfolio managers and analysts organize and share their research, in order to manage more investment ideas, more effectively and document a firm’s investment process.  The solution, which is used by thousands of investment professionals around the world, is highly configurable and organizes information around the workflow of each investment professional or team and provides features that enhance the research process.  Tamale RMS® brings unparalleled efficiency and organization to the research process.  For more information on Tamale RMS®, 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 50 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 and Tamale RMS are registered trademarks of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

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