Marfin Bank all set for world-class client service with Advent Office™

Athens, Greece - 11th April, 2002 - Advent Europe, the independant European distributor of Advent Software, Inc.® (NASDAQ: ADVS),announces that Athens based Marfin Bank, an investment banking organization derived from multiple takeovers of related companies in Greece, has chosen Advent Office as their integrated solution for their portfolio management and reporting system. With a global investment strategy, tailored to their customers’ risk profile, Marfin Bank will integrate the Advent Europe solution with their existing back office system.

One system for all locations

With their new portfolio accounting and reporting solution, Marfin Bank will have one system for all their banking locations. "With the advantage of having one system that holds all our client data, our productivity level will rise and we will have more time to focus on our clients’ needs", says Paul Tsoukalas, CIO of Marfin Bank. "Our goal is to provide our clients with the best service to meet their overall objectives, interests and investment preferences. To accomplish this, we needed an integrated portfolio management solution and Advent Office was the only solution that fully met our needs, continued Tsoukalas.

Strong Product and Vendor History

"We examined the market for an investment management solution, and ultimately chose Advent Office because of the product solution, worldwide client base and the fact that they have local presence in Greece. The technology partnership with Advent Europe is a strategic decision for us as the scalability, high quality service and technology provided will enable us to continue to grow and succeed. The lack of flexibility and limited reporting capabilities we experienced with our old system have been replaced by a far better solution," concludes Tsoukalas.

A Step Change in Productivity

"We’re extremely pleased to be working with Marfin Bank", says Regional Director of Greece, Makis Ioannou. “They represent another high-calibre financial services firm that Advent Europe is working with in order to provide software and services to grow their business,"concludes Ioannou. "There is nothing marginal about the improvements that our clients experience", says Torbjorn Tenmann, CEO of Advent Europe. "We're talking Step Change in productivity and quality of client service. Our reputation for excellent products and highly skilled implementation and support teams is spreading steadily and that's why we’re increasingly leaving the competition behind.

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