Advent Software, Inc.

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Tower Asset Management Adopts Advent Portfolio Exchange®, Delivers Global Reach and Greater Efficiency New York, San Francisco, May 1, 2006 – Advent Software, Inc. (NASDAQ:ADVS), the leading provider of software and services to the investment management industry, today announced that Tower Asset Management, a Beverly Hills-based asset management firm, implemented Advent Portfolio Exchange® for enhanced reporting, client service and global contact management capabilities.“With Advent Portfolio Exchange®, the big advantage lies in having open access to all our data. We can now view and extract data anytime we want,” said Anton Pereiaslavtsev, Vice President, Information Systems at Tower Asset Management. “The migration from Axys® to Advent Portfolio Exchange® included an analysis of our portfolio history and opportunities to improve existing workflows. Advent’s implementation and project management methodology helped us understand how to make our operations more efficient. After implementing Advent Portfolio Exchange®, our daily processing is 20 to 25 percent more efficient.”“Tower Asset Management’s goal for the future is to be able to create a mobile and geographically diverse sales force without expanding our office space,” said Pereiaslavtsev. “The best way to achieve that goal is through using a browser-based platform that can be accessed from any place in the world through a secure VPN.”

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