News Column

Advent Named "Best Fund Accounting Technology Platform" by Global Custodian

February 4, 2014

SAN FRANCISCO, CA -- (Marketwired) -- 02/04/14 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that its global portfolio management product, GenevaŽ, has been selected as the "Best Fund Accounting Technology Platform" in Global Custodian's 2013 Awards for Excellence. In 2013, the Global Custodian Awards for Excellence added new categories to recognize technology firms that are delivering innovative solutions to the international securities services and alternative industries. Advent was honored along with other winners at Global Custodian's 2013 Awards for Excellence and 25th Anniversary Dinner at The Harvard Club of New York City . "We are thrilled to be recognized by Global Custodian for Advent's excellence in fund accounting technology," said Chris Momsen , Executive Vice President for Sales and Solution Management, Advent Software . "Advent's solutions help support our clients' needs from the fund to the investor level in different currencies and legal entity structures. Our commitment to investing in ongoing product enhancements has made Advent the go-to fund accounting platform for hedge funds, institutional asset managers, fund administrators, prime brokers, family offices, private equity firms, and fund of funds, and we look forward to continuing our legacy of innovation." "Global Custodian is pleased to select Advent Software as the Awards for Excellence winner in the category of best fund accounting technology provider," said Alexandra DeLuca , Editor, Global Custodian. "With 25 years of providing news and analysis for the international securities services community, Global Custodian has an inside view into what industry professionals need from their technology providers. Advent was the clear standout choice for this award." Advent adds the Global Custodian Award for Excellence recognition to a long list of accolades won in 2013 including Best Portfolio Management and Accounting Systems, Markets Media Choice Awards; Excellence in Alternative Investments Technology Provider USA , IAIR Asset Management Awards; Best Research Management Tool, Systems in the City Awards; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider, MENA Fund Manager Fund Services Awards; Technology Vendor of the Year, Citywealth Magazine ; and Best Technology Provider, HFMWeek. About GenevaŽ In a market that calls for quick, informed decisions, Advent's GenevaŽ empowers fund managers with real-time performance, P&L, position, and exposure information. With comprehensive instrument coverage -- from global equities and fixed income to derivatives and bank debt -- GenevaŽ supports even the most complex global strategies. It's a leading portfolio management solution for hedge funds, asset managers, hedge fund administrators and prime brokers, as well as private equity and funds of funds. Learn more at www.advent.com/geneva . About Advent Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we've helped over 4,400 firms in nearly 60 countries -- from established global institutions to small start-up practices -- to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit http://www.advent.com . Advent, Advent Software , and Geneva are registered trademarks of, and the Advent logo is a mark of, Advent Software, Inc. Any other company names or marks mentioned herein are those of their respective owners. Source: Advent Software


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Source: Marketwire


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