SAN FRANCISCO – May 29, 2014 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has been voted “Best Fund Accounting and Reporting Systems Firm” by readers of one of the leading online publications for the alternatives industry in this year’s Hedgeweek U.S. Awards. Geneva®, Advent’s portfolio management and fund accounting product, was also recently recognized as “Best Fund Accounting and Reporting System” in Hedgeweek’s Global Awards 2014.
The Hedgeweek U.S. Awards 2014, presented in New York City on May 28th, brought together the leading names in the U.S. hedge fund industry to celebrate the achievements of the best performing managers and service providers. The winners were determined by the votes of Hedgeweek 41,000 subscribers, who include institutional investors, wealth managers, fund managers, and other industry professionals at firms including fund administrators, prime brokers, custodians, law firms, and advisors.
“We are grateful to Hedgeweek΄s readers for showing Advent such strong support, first with the global awards and now with the U.S. awards,” said Robert Roley, Vice President, Solutions, Advent Software. “With our portfolio management and reporting solutions, we strive to provide highly flexible, automated, customizable capabilities that can meet the unique needs of our clients and our clients’ clients.”
“I am delighted to note that once again Advent Software has proved itself a deserving Hedgeweek award winner, underscoring its commitment to consistent product innovation and development based on accurately forecasting users΄ requirements,” notes Sunil Gopalan, Publisher, Hedgeweek.
Advent adds this award to a long list of accolades over the last 12 months that include: Best Client Relationship Management (CRM) System, Family Wealth Report; Leading Margin Management Provider Award, The Hedge Fund Journal; Best Fund Accounting and Reporting System 2014, Hedgeweek; Best Fund Accounting and Reporting Software Provider and Best Portfolio Management Software Provider from MENA Fund Manager Fund Services Awards 2014; Best Technology Platform 2014, Private Asset Management Magazine; Best Fund Accounting Platform from Global Custodian; Best Portfolio Management and Accounting Systems, Markets Media Choice Awards; Best Research Management Tool, Systems in the City Awards.
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we΄ve helped over 4,300 firms in more than 50 countries — from established global institutions to small start-up practices — to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit http://www.advent.com.
The Advent and logo composite and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.