Advent Office Goes Online - Browser Reporting, Internet-Ready FIX Made Available.

NEW YORK--(BUSINESS WIRE)--Sept. 22, 1998--Today, Advent Software (NASDAQ: ADVS) announced the introduction of two additional Internet-enabled components in the Advent Office suite of enterprise investment management solutions, Advent Browser Reporting and Moxy Release 3.0. With this announcement, Advent further validates its leadership position in delivering enabling technology to the financial services industry.

"While other software vendors are still developing graphical user interfaces to legacy programs or struggling to deploy basic client/server solutions, Advent has harnessed the power of the Internet so our customers can access critical information anywhere at any time," said Peter Caswell, president and chief operating officer for Advent Software. "Advent is committed to delivering solutions that leverage the Internet to provide money management organizations around the world easy access to information through software solutions that are simple to deploy and that improve client service."

- Advent Browser Reporting -

The first solution of its kind, Advent Browser Reporting is a powerful reporting component of Advent Office, Advent Software's integrated enterprise investment management solution. With Browser Reporting, portfolio, performance and analytical reports are dynamically available throughout the investment management enterprise -- from portfolio managers, to decision-makers, to investors -- independent of their physical location. Best of all, this report information is easily accessible through the universal and familiar user interface of the Internet browser.

Because users across the enterprise have different needs depending on their function within or from outside the firm, Advent Browser Reporting has three options: -- Browser Reporting for Enterprise Users -- allows for the dynamic

creation of reports from real-time, detailed portfolio and

performance data through Microsoft Internet Explorer. -- Browser Reporting for Decision-Makers -- enables

multi-dimensional views into analytical data from a browser. -- Browser Reporting for Investors -- automates the process of

publishing investor information on a secure web-site.

Advent Browser Reporting is the first portfolio and performance reporting solution using Microsoft(R)'s Windows(R) Distributed interNet Application architecture (DNA). "We are extremely pleased that Advent Software has developed this innovative portfolio and performance reporting solution leveraging Microsoft's Windows DNA architecture," said Matt Conners, Microsoft's worldwide securities industry manager. Microsoft DNA enables Browser Reporting to provide ease of deployment and information access across the Internet, Intranets and WANs while providing for centralized administration and lower overall total cost of ownership.

- Moxy Release 3.0 -

Moxy Release 3.0, the third generation of the industry's most widely used trading system, now provides Internet-ready electronic order routing based on the industry standard FIX messaging protocol. Moxy Release 3.0 users can route trades electronically to any FIX-compliant broker or crossing network that supports Internet or other TCP/IP connections.

The result is far less time spent executing orders on the phone and less time working smaller trades -- clearing the trading desk for more challenging orders. Advent customers believe that Moxy's Internet-ready electronic order routing connectivity will reduce the time their trading desks devote to route and execute orders to a mere fraction of their phone, fax and paper-based operations today.

"As evidenced by our clients, the Internet is a reality for investment organizations today," Caswell said. "Our clients have securely transmitted more than two million transactions for their reconciliation operations over the Internet using Advent's Rex service, and they have published more than 100,000 portfolio and performance reports to their clients with Advent's Browser Reporting for Investors. Our approach to FIX is unique because with Moxy 3.0, our clients can now choose to trade over the Internet as well."

"With the introduction of Browser Reporting and the new release of Moxy, Advent is unleashing a technology revolution, and is redefining the very meaning of straight through processing," said Stephane Dubois, vice president of product marketing at Advent.

"While other providers are still struggling to provide an integrated front-to-back office solution that automates the inner processes of the firm, our clients are enjoying the benefits of integration beyond the walls of the firm," explained Dubois. "The true meaning of straight through processing includes the ability to carry every transaction that occurs along the lifecycle of a trade electronically and to ultimately reflect the impact of that trade directly to the investor."

The Advent Office software suite consists of Axys(tm), the industry-standard portfolio management system; Qube(R), a client relationship management solution; Moxy(R), the most widely used intra-day order management solution; Advent Warehouse(tm), the world's first investment warehouse management solution; Advent Partner(tm), a partnership accounting solution; Rex(tm), the industry's first Internet-based automated reconciliation solution; and Advent Browser Reporting(tm), the industry's first Internet-based portfolio, performance and analytic reporting solution.

Advent Software Inc. is a leading provider of enterprise investment management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ National Market under the symbol ADVS. -0- Editor's Note: For more information or to license Advent Software products, readers can contact Advent Software, 301 Brannan Street, San Francisco, CA 94107; phone [phone], or visit Advent's Web site at http://www.advent.com. Axys, Qube, Moxy, Advent Warehouse, Advent Partner, Advent Browser Reporting and Rex are trademarks or registered trademarks of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.