$21 Billion Munder Capital Turns to Advent Portfolio Exchange(R) for Its Fixed-Income Capabilities

SAN FRANCISCO, CA, Apr 29 (MARKET WIRE) --
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and
services for the global investment management industry, today announced
that asset management firm, Munder Capital Management, has implemented
Advent Portfolio Exchange(R) (APX). APX is Advent's industry-leading
portfolio and client management platform. Headquartered in Birmingham,
Michigan, Munder has $21 billion in assets under management as of
December 31, 2008.

Munder was previously using two separate portfolio accounting systems, one
for fixed-income reporting and one for portfolio accounting. The firm
decided to look for a new integrated portfolio management solution with
strong accounting capabilities for its fixed-income portfolios, which
included mortgage-backed securities, in addition to traditional corporate
and government instruments. Munder turned to Advent, and once all of its
portfolio management and reporting had migrated onto APX, Munder saw major
efficiency gains almost immediately.

"Because we're now on one system, we don't have to worry about interfacing
or manually keeping up more than one accounting system, which is a
tremendous improvement for us," said Judy Weipert, Manager of Investment
Operations. "Our previous system could take up to 30 seconds just to post
one trade of one security in one account. When we imported trade files
from our trading system, it took hours with 1,000 trades. In APX, we've
had files of 50,000 transactions that post in 30 or 40 minutes max. The
difference is night and day."

In addition to APX, Munder uses Advent Revenue Center(R) for billing and
revenue management; Advent(R) Custodial Data (ACD) for managing and
reconciling portfolio information; Advent Corporate Actions(R) (ACA) for
customized, position-level corporate action reports; and Rex(R) for
reconciliation management.

Added Weipert, "APX has changed the whole reporting process for Munder.
Our fixed-income managers were able to reduce staff, and still get
reports out more quickly than when they had more staff. They've also been
able to take on more accounts with special reporting requirements,
because APX is so much more efficient, accurate and timely."

"Advent works in collaboration with its customers to provide solutions
that help support and meet their business objectives," said Michele
Holton, Director of Product Marketing at Advent. "APX met Munder's
requirements for more streamlined, accurate, and timely accounting and
reporting across a full breadth of fixed-income instruments, and their
input made the product even stronger. Our business is based on delivering
solutions that address genuine client needs; that is why Advent not only
welcomes but actively seeks client involvement when developing or
enhancing products."

About Advent Portfolio Exchange(R)

Advent Portfolio Exchange(R) (APX) is an end-to-end portfolio management
solution that integrates the front-office functions of prospecting,
marketing, and customer relationship management with the back-office
operations of portfolio accounting and reporting. This enterprise solution
leverages a single SQL database to deliver critical client information via
an easy-to-use browser-based user interface. APX delivers improved client
service with enhanced security for today's amplified compliance
environment. For more information on APX visit
https://secure.advent.com/info/pr_apx.

About Advent

Advent Software, Inc. (www.advent.com), a global company, has provided
trusted solutions to the world's leading financial professionals since
1983. Firms in 60 countries use Advent technology. Advent's quality
software, data, services and tools enable financial professionals to
improve service and communication to their clients, allowing them to grow
their business while controlling costs. Advent is the only financial
services software company to be awarded the Service Capability and
Performance certification for being a world-class support and services
organization. For more information on Advent products visit
http://www.advent.com/about/resources/demos/pr.

The Advent logo, Advent Software, Advent Portfolio Exchange, Advent
Corporate Actions, Advent Custodial Data, Advent Revenue Center and Rex
are registered trademarks of Advent Software, Inc. All other company
names or marks mentioned herein are those of their respective owners.

Media Contact:
Jessica Miller
Advent Software, Inc.
(415) 645-1668
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-