More than 200 Clients Rely on Advent Portfolio Exchange®

More than 200 Clients Rely on Advent Portfolio Exchange®

Advent’s Award-Winning Solution Establishes Itself as the Platform of Choice for Portfolio Management and Reporting

SAN FRANCISCO – June 11, 2008 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced that more than 200 clients have licensed Advent Portfolio Exchange® (APX) since the product was launched in late 2005.  APX is Advent’s next generation portfolio management solution offering a powerful platform that brings together mission-critical portfolio and client data for improved portfolio management, performance reporting and client relationship management (CRM). 

The 200-plus APX clients are comprised of a wide range of investment management firms, including asset managers, family offices, trusts, broker dealers and hedge funds in the U.S. and EMEA region, managing assets from $300 million to well over $50 billion. 

SNW Asset Management LLC, a leading asset management firm which specializes in customized, fixed income investment services, marked APX’s 200th customer.  SNW Asset Management needed a robust single solution to manage the full range of front-to-back-office activities, and Advent’s integrated platform, APX, was the clear choice.

“We were looking for a more sophisticated technology platform that was SQL-based and included CRM capabilities,” said Shan Stach, Managing Director, SNW Asset Management.   “APX will help us to improve the operational efficiency and service quality that we provide to our clients.  The scalability of APX allows us virtually unlimited potential in adding portfolios, clients and assets.  We are excited about the new technology benefits SNW and our clients will enjoy going forward.”

“We value our relationship with SNW Asset Management and are pleased to provide them with an integrated platform that supports their growth objectives,” said Michele Holton, Director of Product Marketing at Advent.  “SNW Asset Management's selection of APX further validates Advent’s ability to meet our customers’ needs for a scalable and flexible solution that adapts to their ways of doing business.”

Added Holton, “We are extremely pleased to see continued momentum in the number of clients realizing the many benefits of APX.  Surpassing the 200th-client mark is a significant milestone for APX, only on the market a little over two years, and is a testament to the product’s proven industry-leading capabilities.”

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX), Advent’s next generation portfolio management product, fully integrates the front-office functions of client relationship management (CRM) 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.  click here for more information.

About Advent
Advent Software, Inc. (, a global company, 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. click here for more information. 

The Advent logo and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

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