Advent’s Geneva Receives Top Honors from Buy-Side Technology for Third Consecutive Year

San Francisco - 13 November 2009

Advent Software, Inc, a leading provider of software and services for the global investment management industry, today announced that Geneva, Advent’s portfolio management and fund accounting solution was named ‘Best Buy-Side Portfolio Accounting Product by Buy-Side Technology magazine for the third consecutive year. Advent is just one of four companies to receive the same award for three straight years.

Geneva is Advent’s global investment management and accounting platform for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data. It offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools enabling firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.

Stephanie DiMarco, Chief Executive Officer and Founder of Advent, said: "We are very proud to receive this award for the third consecutive year, which underscores the position of Geneva as the industry-leading solution in the marketplace. The product’s continued evolution, combined with our dedication to further enhancing the depth and breadth of our software is what maintains our strong position in this space.”

The Buy-Side Technology Awards recognize products and services in the buy-side technology vendor industry in order to identify the leading technologies and vendors in their areas of expertise through an auditable and transparent methodology. The category winners were decided by a panel of eight judges – two Buy-Side Technology editors and six buy-side focused technology consultants: Aite Group, Celent, Citisoft, Cutter Associates, Investit and Knadel.

DiMarco added, “As a key technology provider to the investment management industry, Advent recognizes the importance that has been placed on innovation and reliability. We take very seriously our role of trusted partner and are committed to delivering mission-critical solutions that address and meet the business needs of the buy-side community.”

This award is the latest in a series of recent industry recognition for Advent that includes: Best Technology Provider, HFMWeek; Global Securities Services Technology Vendor of the Year, ICFA; Best Portfolio Management System, Waters Magazine; and FinTech 100, American Banker and Financial Insights.

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