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Advent’s Asset and Wealth Management Solution Sweeps All Four Categories for “Best-in-Class” Technology Solution

Advent Portfolio Exchange® Receives Top Honors by CEB TowerGroup in All Four Categories of Technology Assessment

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent Portfolio Exchange® (APX) – Advent’s end-to-end portfolio management solution for asset and wealth management - was awarded top honors in the CEB TowerGroup Portfolio Management Systems Technology Analysis. Advent Portfolio Exchange® was named a best-in-class in all four technology categories assessed: Portfolio Tools, Advisory Experience, Workflow Management and Enterprise Support.

“The financial services industry highly values portfolio management systems to drive efficiencies for wealth managers, asset managers and advisors while enhancing decision making and improving relationships with their clients,” said CEB TowerGroup senior research director Peter Delano. “CEB TowerGroup identified 24 attributes that define a “Best-in-Class” Portfolio Management System in wealth management, which are grouped into four categories to support firms in their purchase decisions.” CEB TowerGroup research director Darrin Courtney, co-author, added, “Finding the proper technology vendor is important, as recent CEB TowerGroup research found that, of wealth management firms surveyed, Portfolio Management is considered the most valuable technology.”

In today’s complex and competitive investment landscape, asset managers rely on technology to keep them ahead of the curve. APX is the first integrated portfolio management and client relationship management solution to deliver the tools needed across the entire enterprise—from front, middle and back offices—on a single platform. The solution offers portfolio tools, reliable data and calculations to streamline workflows and support the objectives of end users, while improving investment managers’ ability to effectively communicate portfolio performance and deliver returns for the clients they serve.

“It is an honor to see APX recognized as a best-in-class across multiple categories in the CEB TowerGroup report. APX is a key component of Advent’s platform for asset managers, which is used by asset and wealth managers globally,” said Anthony Sperling, Senior Vice President and General Manager of Advent’s Asset Management Group. “Over the past 18 months we have been increasing the pace of innovation within our solutions to support our clients’ in streamlining workflows within their office, growing AUM and realizing ROI on their technology investment. We truly appreciate the acknowledgement from TowerGroup, and we are committed to partnering with our clients, solving complex problems, and eliminating boundaries to create forward-momentum in the investment management industry.”