Vestmark Leverages Advent(R) Custodial Data to Expand STP Connectivity

Vestmark to Provide an Integrated STP Solution That Will Give Vestmark Customers Access to 450+ Custodians Through Advent Software's Data Aggregation Solution


WAKEFIELD, MA and SAN FRANCISCO, CA--(Marketwire - November 27, 2007) - Vestmark, the leading innovator in the managed accounts platform solutions market, today announced that it is working with Advent Software, Inc. (NASDAQ: ADVS) to leverage Advent® Custodial Data (ACD) to deliver an integrated data aggregation solution to Vestmark's clients.

Currently, some dual contract and most outside custody accounts require manual setup and administration, and are reconciled monthly with paper statements. These accounts are typically higher net worth accounts, and while they are attractive to manage, they have proven very costly to administer. "The integration between the Vestmark Managed Accounts Platform (VMAP) and ACD means that these accounts can be setup and reconciled automatically, efficiently, and accurately every day," said Heeren Pathak, CTO of Vestmark. "This allows our customers to add high net worth accounts to their business and take full advantage of Vestmark's advanced account administration, trading, and daily reconciliation capabilities while reducing compliance risk associated with managing these accounts."

ACD is an industry leading portfolio data aggregation solution that is used by over 2,600 investment firms. ACD consolidates account level information from hundreds of custodians for reconciliation and posting. With efficient reconciliation, clients can maintain accurate cash and securities balances, reduce settlement risk, produce client statements earlier and ensure compliant trading.

"Vestmark and Advent are both recognized leaders in the investment management solutions market and we are excited to see our two firms join forces to deliver a single, integrated solution to efficiently administer and reconcile accounts across a large network of custodians," said Will Clemens, Vice President of Advent's Straight-Through-Processing business unit. "This is a great opportunity for Advent to extend its leadership in a high-growth market."

About Vestmark

Vestmark is a technology platform provider for investment managers, overlay managers, sponsors, and operations outsourcing service providers in the managed accounts industry. Vestmark solutions enable greater financial product innovation, increased operational efficiency, and compliance for its customers. The Vestmark Managed Accounts Platform (VMAP) is a modern, web-based technology providing complete functionality and connectivity to support the innovation in managed account products and the growth of the managed accounts industry. Vestmark is headquartered in Wakefield, Massachusetts with offices in Oakland, California; Cambridge, Massachusetts; and Jersey City, New Jersey. For more information about Vestmark's managed accounts platform solutions, please call 781-224-3640, email info@vestmark.com, or visit www.vestmark.com.

About Advent

Advent Software, Inc. (www.advent.com), a multi-national firm, has provided trusted solutions to the world's leading financial professionals since 1983. Firms in 60 countries use Advent technology and manage investments totaling nearly US $14 trillion. 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 costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support organization.

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 continued sales of existing products, market acceptance of new products, the impact of initiatives by competitors 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 2006 annual report on Form 10-K/A, 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.

Contact Information: Contact: Robert Klapprodt Vestmark 781-224-3640 www.vestmark.com