Hong Kong's Azentus Capital Chooses Advent's Alternatives Solutions

Mon Feb 25, 2013 9:10am EST

* Reuters is not responsible for the content in this press release.

  HONG KONG and SAN FRANCISCO, CA, Feb 25 (Marketwire)
-- 
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and
services for the global investment management industry, today announced
that Azentus Capital Management Ltd., a global, multi-asset,
multi-strategy hedge fund based in Hong Kong, is Advent's first client in
the Asia Pacific region to implement both the Geneva(R) and Tamale RMS(R)
platforms for the alternatives market. 

    After the fund's launch, Azentus looked for an advanced portfolio
management platform that could manage large volumes of complex data from
multiple sources. With a significant implementation and quick turnaround
time, they selected Advent to support their business needs. 

    Azentus chose Advent's Geneva(R), a global portfolio management,
reporting, and reconciliation system, which has been specifically
designed for complex, global alternative investment strategies. Advent's
Tamale RMS(R) (research management solution) was then selected to help
automate and streamline the research and decision making processes. 

    According to Bryan Messer, Chief Technology Officer at Azentus Capital,
the decision to choose Advent hinged on the company's ability to
successfully implement an order management and risk management system
with Geneva(R) at the same time. The ability to deliver on-site service
for the platform's implementation and to meet Azentus' quick turnaround
time was also a key consideration. "We had an aggressive timescale to get
everything ready," says Mr. Messer. "We started the implementation in
January with the goal of launching on the first of April, and we were
able to implement and integrate the systems on time." 

    The Geneva(R) global portfolio management solution has proven to be a
success, helping to integrate data from many different sources. "It gives
us confidence in the quality of our data," explains Mr. Messer. "It's
also given us confidence in our systems internally, because we're
reconciling three different systems and we know they are all in synch."

    Azentus chose Tamale RMS(R) to help gather and process information from a
multitude of sources -- at the company level, the industry level, and
regional level -- even looking at macro trends or themes. "An investment
decision is based on a whole set of data in different forms, coming in at
different times from different sources," Mr. Messer adds. "Tamale allows
you to capture all the pieces of data and view them side by side, as well
as historically."

    "We are pleased to work with an industry-leading hedge fund in Hong
Kong," said Chris Momsen, Executive Vice President, Sales and Solutions
Management at Advent. "Being selected by Azentus is a testament to the
flexibility and capability of our solutions for global alternative
investments. Our mission has always been to deliver solutions that allow
our clients to thrive, and we're working diligently to remove boundaries
between systems and information, making it easier for our clients to get
the information they need to be great for their clients." 

    Mr. Messer concludes that, when the time came to make a decision, they
weren't just buying the Advent(R) platforms, but the entire company, its
people and what they offered for the long term. "I think Advent has two
great things. Advent's systems are very good. But I also like dealing
with Advent as a company and its culture that focuses on understanding
our requirements. We've had great support locally. And that's very
important, because you're not just buying a product, you're buying a
relationship."

    About Advent

    Advent Software, Inc., a global firm, has provided trusted solutions to
the world's financial professionals since 1983. Advent's proven solutions
can increase operational efficiency, reduce risk, and eliminate the
boundaries between systems, information and people so you can focus on
what you do best. With more than 4,500 client firms in over 60 countries,
Advent has established itself as a leading provider of mission-critical
solutions to meet the demands of investment management operations around
the world. 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.

    Advent, the Advent logo, Advent Software, Geneva and Tamale RMS are
registered trademarks of Advent Software, Inc. All other company names or
marks mentioned herein are those of their respective owners.

    About Geneva(R)

    Geneva, a global portfolio management and accounting platform, is a
proven solution 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. Geneva offers comprehensive
instrument coverage, full financial general ledger, and industry-standard
integration tools to enable firms to manage complex investment vehicles,
multiple investment strategies, and tiered fund structures. For more
information on Geneva visit
https://secure.advent.com/info/geneva_livedemo.

    About Tamale RMS(R)

    Tamale RMS(R), the market's leading research management system,
centralizes a firm's research and enables investment professionals to
spend less time searching for information and more time capitalizing on
their ideas. Tamale RMS(R) brings efficiency and organization to a firm's
research and compliance processes and can be tailored to the varying
workflows of each firm to maximize ease of use and adoption. Tamale
RMS(R) is used by thousands of investment professionals around the world
and can be accessed anytime, anywhere -- from the desktop or on the road.
For more information on Tamale RMS(R), visit http://www.advent.com/tamale.

    

Media Contacts:
Amanda Diamondstein-Cieplinska
Advent Software, Inc.
(415) 645-1668
adiamond@advent.com

Chris Schmutz
Advent Software, Inc. 
+852 31031614
cschmutz@advent.com 

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