Quintillion selects Geneva® Platform for New Hedge Fund Administration Operation

Quintillion selects Geneva® Platform for New Hedge Fund Administration Operation

Geneva® chosen by leading new hedge fund services firm as a scalable platform for rapid growth and delivery of world class client services.

LONDON – November 29, 2006 – Advent Software, Inc., (NASDAQ: ADVS), the leading provider of software and services to the global investment management industry, today announced that Quintillion has selected Geneva® to run their hedge fund administration operation. Quintillion, based in Dublin, is a relatively new firm in this market but has aggressive growth plans and has already secured a $2 billion mandate.

Quintillion has been established by a group of senior executives that previously worked at the Dublin headquarters of one of the largest hedge fund administrators in the world. The team, headed by Chief Executive Officer Joan Kehoe, has a strong focus on using leading edge technology to provide the best possible service to their clients but also to ensure smooth and efficient internal operations. "We already know the advanced capabilities of Geneva® for a hedge fund administration operation," said Kehoe. "We strongly believe there is a great opportunity for an organisation offering a quality range of services to hedge funds and to achieve this we need the best solutions available for the purpose. There is nothing in the market that matches Geneva®’s speed, flexibility and operational efficiency and it will make our services offering extremely attractive to our clients," added Kehoe.

Quintillion required a system that could match their growth strategy and provide a solid scalable platform that could manage the broad instrument coverage they needed and ensure a thoroughly efficient and effective workflow. The full implementation was completed in four months and includes Geneva®’s Workflow Manager which facilitates easy integration to existing systems and third party systems such as share registry and data feed vendors.

"We are delighted to have Quintillion join our growing number of clients using Geneva® in Europe. Quintillion’s management is a talented group of people with considerable expertise in the provision of hedge fund services and the fact that they have chosen Advent as a partner is further evidence of our success in the fund administration sector," said Hakan Valberg, General Manager, Advent Software EMEA. "Geneva®’s capabilities continue to give firms a competitive edge delivering world class operational efficiencies allowing firms to provide superior services to their clients," continued Valberg.

About Geneva®
Advent's Geneva® is a revolutionary portfolio accounting system build on a unique and powerful architecture that seals the gaps in financial institutions' straight-through processing (STP) model. Geneva's® innovative design can dramatically reduce workload with increased back-office productivity, improved processing performance and minimized operating risk. It offers users a real time engine to process data in immediately without batch processing and costly delays.

About Advent
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 more than 60 countries are using Advent technology to manage investments totaling more than US $12 trillion. Advent's quality software, data and services enable financial professionals to improve service and communication to their clients, helping them grow their business while controlling costs.

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

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

Contacts:

Paul Watthey
Advent Software EMEA
+44 (0)20 7631 9240
paul.watthey@advent.com

Jane Rauckhorst
Advent Software, Inc.
+1 415 645-1853
jrauckho@advent.com