Advent Software Achieves Double Recognition at Inaugural MENA Fund Manager Fund Services Awards

Mon Mar 4, 2013 5:00am EST

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

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and
services for the global investment management industry, today announced
that it has been recognized as the "Best Fund Accounting and Reporting
Software Provider" and the "Best Portfolio Management Software Provider"
in the 2013 MENA Fund Manager Fund Services Awards recently held in

    The panel of judges, which recognized Advent Software in two of the 20
categories, stated that the awards were a result of Advent's expertise in
providing software solutions to the world's leading fund management
companies to the MENA (Middle East and North Africa) region. The panel
commented that "Advent is at the forefront of helping develop best
practices in the region and these awards pay tribute to Advent's work in
transforming the MENA fund industry." 

    Advent set up its Middle East operation back in 2005 and is now based in
the main DIFC centre in Dubai. The team has grown, along with the client
base in the region. Advent has a local sales team as well as local
consulting and support teams. The client base consists of asset managers,
private banks, family offices and wealth managers. Advent's client firms
in the region include, for example, Emirates NBD, Jadwa Investment, Shuaa
Capital, EFG Hermes, Beltone Asset Management and ANB Invest.

    "We are committed to delivering innovative and reliable solutions to
support our clients' business objectives and are honored to receive
recognition via these awards," said Hakan Valberg, President, Advent
Software EMEA. "With more than 30 clients in the region we attribute much
of our success to our local presence and deep understanding of regional
investment management practices."

    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

    For more information on Advent products visit

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


Paul Watthey
Advent Software EMEA
+44 (0) 20 7631 9211

Amanda Diamondstein-Cieplinska
Advent Software, Inc.
+1 (415) 645-1668 

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