Advent Awarded "Best Portfolio Management and Accounting Systems" by Markets Media

Wed Apr 10, 2013 9:10am EDT

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

  SAN FRANCISCO, CA, Apr 10 (Marketwired) -- 
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and
services for the global investment management industry, today announced
that it has been named for 'Best Portfolio Management and Accounting
Systems' by Markets Media at the inaugural 2013 Markets Choice Awards.
The annual award recognizes excellence in US institutional equity and
equity-derivative markets, spanning the buy side and sell side, exchanges
and technology.

    Advent received the award after an extensive review process that included
both quantitative and qualitative analysis. The Markets Media Editorial
Team initially reached out to more than 50 senior-level professionals
representing all major market sectors and company types. This was
followed by an online survey where select industry practitioners were
asked to vote for a winner based on certain criteria, which further
helped validate the process. Finally, the Advisory Board at Markets Media
convened to compare the results from both processes before sending their
recommendations to the Editorial Team to determine the final results,
selecting Advent as the winner of the inaugural award for "Best Portfolio
Management and Accounting Systems."

    According to Mohan Virdee, Chief Executive Officer of Markets Media, "The
award was based on buy-side traders' feedback citing the ease of use,
functionality and seamless integration capabilities of Advent's

    Advent offers purpose-built portfolio management solutions to meet the
unique needs of specific segments of the investment management industry,
including alternatives and hedge fund managers, asset and wealth
managers, advisory firms, and family offices. Advent's portfolio
management platforms help investment managers ensure data accuracy and
achieve greater operational efficiency, freeing up time and resources so
that they can remain focused on the needs of their businesses and clients.

    "We're thrilled to be recognized by Markets Media for our portfolio
management solution," said Pete Hess, Chief Executive Officer of Advent.
"This inaugural award is a testament to the difference we make by
delivering innovative solutions that solve our clients' most pressing
business needs. Our aim is to create solutions that help eliminate
boundaries between systems, information and people in order to help our
clients thrive by providing them with the tools to make better-informed

    For more information about the Markets Choice Awards, please visit

    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

    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.

    About Markets Media
 Markets Media was launched in December 2007 to
provide sophisticated, in-depth content spanning all sectors of the
securities industry, delivered across a synergistic platform of print,
online and events. In doing so, the company filled a longstanding void in
the financial markets publishing and conference space.

    Markets Media editorial mission is to cover the complex
interrelationships among key decision makers at hedge funds, exchanges,
money managers, pension funds, broker-dealers, alternative trading
platforms, service providers and regulators in an ever evolving
marketplace. In the wake of changes none of us could predict --
unprecedented government intervention in financial markets, the collapse
of Wall Street legends, implosions of hedge funds, central banks acting
in concert to ease strain on the global markets -- a new era of trading
and investing has dawned. Marketplaces have swelled with new entrants,
while other players have assumed new roles, either as entrepreneurs or
with a growing middle market that has assumed center stage.

    Online, in print and at our conferences, Markets Media aims to demystify
the strategies and sequence of events that shape investing and trading
via direct contact with the people who make the calls that move markets
and determine outcomes -- business-critical content that cannot be
obtained anywhere else.


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

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