Advent Software Collaborates With Advise Technologies to Address Compliance Requirements

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, and Advise Technologies, LLC, an award-winning provider of software solutions for private fund managers and their service providers, today announced a collaboration to provide tools to help hedge funds, hedge fund administrators, and private equity managers meet a range of regulatory reporting requirements. The tools offer an integrated platform designed to address highly specialized Form PF and Form CPO-PQR filing requirements. Working together, Advent and Advise offer clients high quality, reliable data, access to regulatory and technology experts, and a single data set for global regulatory and investor reporting requirements.

With this collaboration, shared clients will receive consistent data for regulatory filings through Advent's Geneva and Syncova, which, when combined with Consensus RMS, Advise's leading regulatory and investor reporting system, offers a Seamless integration between two best-of-breed platforms to help manage reporting requirements.

"The primary benefit of this collaboration is the integration of the systems from each firm, making it easier for clients to address regulations," said Sean Sullivan, President, Advise Technologies. "Key to this synergy is the platform proposal we offer of a singular deployment capable of handling multiple filing requirements it's a powerful combination."

Form PF, also known as rule 204(b)-1, is a reporting obligation implemented by the SEC to actively monitor and track systemic risk in the financial industry. It requires advisors of a certain size and complexity to report on a variety of categories for each fund they manage. To complete Form PF, firms must gather significant amounts of data from multiple systems, aggregate specific data and then transform it into an XML format for submission, all within tight reporting deadlines. With this Form PF solution, clients' data from Advent's Geneva and Syncova is automatically aggregated and validated via Advise's Consensus RMS, making a complicated task much easier to manage and saving clients an enormous amount of time and effort.

Form CPO-PQR requires detailed reporting for any funds providing direct commodities exposure and must be filed on a quarterly or annual basis depending on the assets under management of the firm. A subset of CPO-PQR, the NFA's Form PQR, is filed quarterly regardless of the fund's assets under management or filing Frequency for CPO-PQR. This solution gives clients the ability to file electronically using Advise's Consensus RMS, significantly reducing the burden of filing while helping firms eliminate the errors often associated with manual processes. In addition, both operational efficiency and overall consistency will be enhanced as data from both reports will come from a single data set.

"Advent is committed to partnering with industry leading solutions like those offered by Advise that provide value to our clients," said Chris Momsen, Executive Vice President, Sales and Solutions Management at Advent. "Regulatory demands, such as Form PF and Form CPO-PQR, are more pressing than ever and are at the top of clients' minds. This collaboration will benefit our mutual and prospective clients by making them aware of key regulations and providing them with tools to help address them in a more efficient manner."

About Advent
Advent Software, Inc. (www.advent.com), 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 and Geneva are registered trademarks of, and Syncova is a mark of, Advent Software, Inc. Syncova is a registered mark of Advent Software, Inc. in the European Union. All other company names or marks mentioned herein are those of their respective owners.

About Geneva
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 Advise Technologies, LLC
Advise Technologies, LLC is an award-winning provider of proven software solutions that facilitate regulatory compliance for private fund managers and their service providers. Through its Consensus RMS suite of desktop and enterprise-grade solutions, Advise supports a full range of global regulatory reporting including Form PF, CPO-PQR and CTA-PR in the United States and the AIFM Directive in the European Union. The firm also provides a complete document management system through its Vault DMS suite which helps locate, track and automate key documents, respond to regulatory exams, and comply with FATCA. Built by financial industry veterans, Advise empowers clients to automate traditionally resource-intensive and error-prone processes to ensure intuitive, fast, and cost effective electronic regulatory reporting and document management. The firm is headquartered in New York. For more information, please visit www.AdviseTechnologies.com.

This communication is provided by Advent Software, Inc., for informational purposes only and should not be construed as, and does not constitute, legal advice on any matter whatsoever discussed herein.

Any forward-looking statements included in this press release, such as statements regarding anticipated products, services, enhancements or availability and features thereof, growth and financial projections, and strategies or plans of management for future operations involve assumptions, risks and uncertainties that could cause actual results to differ materially from our expectations. These risks, uncertainties and assumptions include continued sales of existing products and services, the successful development, timing, anticipated features, functionality, benefits and market acceptance of new products, services and enhancements, the impact of initiatives by competitors, continued uncertainties and fluctuations in the financial markets and economic conditions and other risks detailed in Advent's most recent filings with the Securities and Exchange Commission, including, but not limited to, its quarterly reports on Form 10-Q and its 2010 annual report on Form 10-K, copies of which may be obtained by contacting Advent Software at (415) 645-1787 or by visiting Advent's Investor Relations Web site at www.advent.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Advent's products or services should make their purchase decisions based upon features that are currently available. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements including any financial, product or other guidance, whether as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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