Advent Named Leading Provider of Fund Accounting and Reporting Systems by The Hedge Fund Journal

12 March 2008

Advent Software, Inc. (NASDAQ: ADVS), the award-winning provider of software and solutions for the investment management industry, today announced that it has been named “Leading Provider of Fund Accounting and Reporting Systems” by The Hedge Fund Journal.

The award is credited to Geneva®, Advent’s leading global portfolio management and fund accounting platform for alternative assets. Geneva® provides hedge funds, institutional portfolio managers, prime brokers and fund administrators with an integrated accounting solution that supports complex, global investment strategies and high-volume trading in multiple instruments and currencies.

“We are delighted to receive this award, which highlights the value of Geneva® and Advent’s role as an innovator in the industry,” said Stephanie DiMarco, Chief Executive Officer and founder of Advent. “With over 100 hedge fund clients and more than 150 total clients worldwide, Geneva® has long been one of the leading fund accounting and reporting solutions in the marketplace. The continued evolution of the product, combined with our commitment to serving our existing customers, is what maintains our strong position in the hedge fund space."

The Hedge Fund Journal Awards recognize the leading service providers to the European hedge fund industry. The category winners were decided by a panel of judges comprised of the editorial panel of The Hedge Fund Journal and external judges selected for their knowledge and expertise. A variety of criteria were used for selecting the winners, including: industry leadership, customer service, competitive pricing and innovative technologies.

The awards were presented on March 6, 2008 at the Natural History Museum in London.

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