SOURCE: Advent Software, Inc.

Advent Software, Inc.

September 13, 2011 09:46 ET

Advent Releases New Reports in APX

New APX Reports Using Microsoft Reporting Services Offer Highly Customizable Reports and Fresh Aesthetic

BOSTON, MA--(Marketwire - Sep 13, 2011) - AdventConnect 2011 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced the availability of new APX Reports using Microsoft Reporting Services. These new reports, available in Advent Portfolio Exchange® (APX), enable clients to present the calculations they rely on in modern, fresh and customizable formats.

Investment Managers may leverage a variety of investment products and strategies. Communicating the intricacies and rationale behind their investment decisions to clients can be a challenge. These challenges have only increased as investors demand more transparency and require that information about the performance of their portfolios be presented in user-friendly formats. Investment managers are finding that the right reporting capabilities are an essential tool in communicating with clients and offering the clarity that clients demand.

"The new reports in APX have proven to be an asset in ways we hadn't expected," said Steve Miller, Chief Operating Officer, Zeke Capital Advisors, LLC. "Beyond the more appealing look and feel, the ease with which we can customize reports has enabled us to highlight information that is important to our clients, based on input from our portfolio managers. As a result, our portfolio managers have been able to use these reports as tools to facilitate more meaningful discussions with their clients."

As the competitive landscape for investment mangers continues to become more complex, firms are also focusing on creating and differentiating their brands to attract and retain investors.

"It's important to us that our reporting not only reflect the information that is most important to our clients and relationship managers, but that reports are an accurate extension of our brand," Carol Manzon, Chief Compliance Officer & CFO. "Advent listened to our feedback and needs and we are very pleased that the new reports in APX offer the flexibility to customize and deliver a visually appealing experience to clients in a highly professional format."

APX offers highly reliable data and calculations to support a manager's efforts to deliver returns and reporting capabilities to facilitate communication to their clients. The new APX Reports using Microsoft Reporting Services support our clients' efforts to differentiate their own brands and make it easier for Advent clients to communicate portfolio performance and other key metrics in more visually appealing graphs, tables and a variety of charts. Clients can also customize the reports to adjust color palette, report style sheets and incorporate company logos and branding.

"We are continually looking for ways to innovate and develop tools that help our clients more effectively manage their business," said Michele Holton, Director, Product Marketing. "Our clients have always relied on Advent to deliver automation and efficiency to their business operations. APX Reports using Microsoft Reporting Services extends the value of APX, making it a tool that our clients can now use to further reinforce their brands and build lasting relationships with their clients."

New reports are available today to clients using APX 3.0 and were developed based on feedback from Advent's global client base. For US clients, 14 reports are currently available and additional reports will be added in the fourth quarter of 2011. For Advent clients in EMEA, 6 reports, developed based on client input, have been designed to meet the unique needs of investment professionals in this growing market for Advent.

APX Reports using Microsoft Reporting Services are built using Microsoft SQL Server Reporting Services (SSRS), a report framework that is included with Microsoft SQL Server.

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is an end-to-end portfolio management solution that integrates the front-office functions of prospecting, marketing, and customer relationship management with the back-office operations of portfolio accounting and reporting. This enterprise solution leverages a single SQL database to deliver critical client information via an easy-to-use browser-based user interface. APX delivers improved client service with enhanced security for today's amplified compliance environment. For more information on APX visit

About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 60 countries count on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling operational risks and costs. 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, Advent Software and Advent Portfolio Exchange are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.

Forward-looking Statements
Any forward-looking statements included in this press release involve risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include market conditions and developments, expected benefits of new functions, continued sales of existing products, the successful development, timing, anticipated features, functionality and market acceptance of new products 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

Contact Information

  • Media Contact:
    Smita Topolski
    Advent Software, Inc.
    (415) 645-1668
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