InfoHedge Authorized as Hosting Implementation Services Provider for Advent’s Geneva

InfoHedge Technologies, a leading provider of IT services and solutions to the alternative investment industry, and Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the global investment management industry, announced today that InfoHedge has been selected by Advent as an Authorized Hosting Provider for Geneva®, Advent’s award-winning portfolio management and fund accounting solution.

“We are very pleased to welcome InfoHedge as a Hosting Implementation Services Provider for Geneva®,” said Todd Gottula, Senior Vice President and General Manager of Global Accounts at Advent. “InfoHedge has proven their proficiency and delivered outstanding Geneva®-related services to several major investment management firms.”

By adopting the Geneva® solution along with the InfoHedge Hosted Platform, Geneva® clients benefit from of a top tier, enterprise grade infrastructure that provides full redundancy, scalability and security. Eliminating the need to invest in all of the costs associated with in-house application support, firms have improved operational efficiencies, lower costs and improved reliability with 24/7 support.

“This new collaborative relationship with Advent enables us to deliver services to Geneva® clients worldwide as part of the powerful InfoHedge Hosted Platform™,” said Alexander Kouperman, President of InfoHedge Technologies. “Advent’s industry-leading Geneva® platform, combined with InfoHedge’s ASP solution and deep understanding of the alternative investment industry, offers high-value to firms of all sizes, particularly those that have evolved from a single prime broker relationship to working with multiple prime brokers and custodians.”