Advent Teams with Virtus Partners to Provide Fully Automated Loan Data to Geneva Clients

San Francisco - 12 November 2009

Advent Software, a leading provider of software and services for the global investment management industry, today announced that it has entered into an agreement with Virtus Partners, LLC to integrate Geneva, its award-winning portfolio management and fund accounting solution, with Virtus’ bank loan data offering. Through this relationship, Advent’s Geneva clients will have access to automated loan data feeds from Virtus.

With assets under administration of more than $60 billion, Virtus is a leading provider of data and services to the fixed-income market. Specifically, Virtus offers fixed-income asset administration and middle-office services to managers, hedge funds, and private equity groups across a wide spectrum of structures, including separate accounts, hedge funds, total return swaps (TRS), and collateralized loan obligations (CLOs).

Advent will develop an interface based on layouts, formats, and data structures of bank loan facility data provided by Virtus, that will enable Geneva clients to extract bank loan facility data, and electronically feed this data into the Geneva application. In teaming with Virtus, Advent will be able to offer clients a single cost-effective, fully automated interface for providing bank loan data into Geneva.

“We are very pleased that we will be able to offer our customers an out-of-the-box solution for automating loan data feeds into Geneva. This will eliminate both manual processing and outsourcing agreements for data entry, or the need for third party software to populate loan data within Geneva,” said Joe Deitzer, Senior Director of Marketing for Global Accounts at Advent. “The relationship will help improve the operational efficiency for firms transacting in these instruments, which is a compelling value proposition for our clients. Virtus’ coverage and support model is exceptional and we look forward to working with them.”

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