Advent Software and eVestment Alliance Announce Strategic Relationship

Advent Software, Inc. ADVS today announced its strategic relationship with eVestment Alliance, a global provider of institutional investment data intelligence, analytic solutions and industry marketing databases. Advent and eVestment Alliance will offer integration between Advent's portfolio accounting and management solutions, Advent Portfolio Exchange® (APX) and Axys®, and eVestment Alliance's Exchange product. As a result, investment managers will be able to reduce time and effort associated with populating consultant and third-party databases with quarter-end data. "Advent saw an opportunity to join forces with eVestment Alliance to help our clients streamline the process of updating third-party databases," said George McLaughlin, Senior Director at Advent Software. "In doing so, we're helping our clients to be more efficient and to market themselves to institutional investment consultants and ultimately institutional investors."