Advent® Continues to Deliver and Invest in Innovative Solutions for the Financial Investment Industry with Syncova Essentials

San Francisco - 5 April 2012

Margin and Finance Management Solution as a Service Enables Powerful Analysis, Monitoring and Management Reporting at Lower Total Cost of Ownership

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Advent® is continuing to deliver solutions in the cloud, build integrated workflows, and combine software, data, and services to help move clients’ businesses forward. With Syncova Essentials, a new margin and financing reporting solution for hedge funds that is now available, firms can leverage cloud technology for their businesses in a fast and easy way. Advent® Syncova Essentials is available as a service and offers hedge funds automated reporting of margin, financing and stock loan information across multiple prime broker counterparties, providing improved transparency on terms and fees with reduced IT responsibility and lower total cost of ownership.

The addition of Syncova Essentials to the Advent® Syncova range of margin and financing tools, now enables funds of all sizes to confidently manage the increasingly complex margin and financing terms provided by their multiple counterparties. With automated cross-fund reporting, funds can achieve transparency across all portfolio charges and counterparty agreements, thereby reducing the risk of overcharging, ensuring accurate attribution of margin and financing charges, and reducing operational risk.

“Cutting costs, controlling risk and improving management of client and counterparty relationships are issues that have become increasingly important for hedge funds in the post-credit crunch world. For smaller funds with limited operational resources, this issue presents a particular challenge. Advent® Syncova Essentials allows funds to benefit from improved analysis, monitoring, and management reporting, to achieve independent validation of prime broker fees and equips firms to respond to investor demands for better controls and reporting. Because we are able to offer the solution as a service, we can deliver the benefits of transparency and control to hedge funds at a low, total cost of ownership,” said Vice President of Product Strategy, Advent Software, Liam Huxley.

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