Hub Data and Advent Integrate Corporate Actions Processing With Core Portfolio Accounting Solution

Apr 30, 2001, 01:00 ET from Advent Software, Inc.

    BOSTON, April 30 /PRNewswire/ -- Hub Data, a subsidiary of
 Advent Software, Inc., (Nasdaq:   ADVS) is pleased to announce that its Advent
 Corporate Actions service will be automatically integrated with the release of
 Axys(TM) version 3.4, Advent's industry leading portfolio accounting and
 management solution. With version 3.4, Axys clients may now automatically post
 transactions for a variety of complex corporate actions, such as mergers,
 spin-offs, and name changes, thereby eliminating the need to manually enter
 any data.
     Advent Corporate Actions is a comprehensive, integrated corporate actions
 solution from Hub Data that automates and dramatically simplifies the process
 of manually tracking and processing corporate actions. The solution
 electronically tracks and consolidates corporate action information from a
 host of high-quality sources, and delivers daily e-mail reports to front and
 back office staff, ensuring that action information gets to portfolio managers
 and other key staff wherever they are. By leveraging the capabilities of Axys
 and the Internet, Advent Corporate Actions provides timely, accurate corporate
 action information with cost allocations on securities held in the client's
 portfolios.
     "The integration of Advent Corporate Actions with Axys has saved us a
 great deal of time because we no longer have to worry about manually entering
 the corporate actions information. It's also very easy to use -- we literally
 push one button to get the corporate actions updates," said Jennie Locati,
 Assistant Vice President of McAdams Wright Ragen Inc., a Seattle-based
 brokerage firm.
     "Corporate actions information has traditionally been one of the most
 difficult aspects of investment accounting to automate. Our new integrated
 solutions are truly revolutionary in their ability to offer time and labor
 savings advantages to the investment community," said Bob Huebscher, President
 of Hub Data.
     Hub Data, based in Cambridge, MA, is a wholly owned subsidiary of Advent
 Software. Hub Data offers a full suite of enterprise-wide data management
 solutions, including services for market data, security master file
 conversions and scrubs, and custodial data. More information on Hub Data can
 be found at their Web site at www.hubdata.com.
     Advent Software, Inc. is a leading provider of enterprise investment
 management solutions, offering stand-alone and client/server software
 products, data interfaces, and related services that automate and integrate
 mission-critical functions of investment management organizations. The company
 provides a suite of complementary products for the front, middle and back
 offices of investment management organizations. Visit www.advent.com for more
 information.
 
     NOTE:  Advent Software, Inc. is a registered trademark of Advent Software.
 All other products or services mentioned herein are trademarks or registered
 trademarks of their respective companies.
 
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SOURCE Advent Software, Inc.
    BOSTON, April 30 /PRNewswire/ -- Hub Data, a subsidiary of
 Advent Software, Inc., (Nasdaq:   ADVS) is pleased to announce that its Advent
 Corporate Actions service will be automatically integrated with the release of
 Axys(TM) version 3.4, Advent's industry leading portfolio accounting and
 management solution. With version 3.4, Axys clients may now automatically post
 transactions for a variety of complex corporate actions, such as mergers,
 spin-offs, and name changes, thereby eliminating the need to manually enter
 any data.
     Advent Corporate Actions is a comprehensive, integrated corporate actions
 solution from Hub Data that automates and dramatically simplifies the process
 of manually tracking and processing corporate actions. The solution
 electronically tracks and consolidates corporate action information from a
 host of high-quality sources, and delivers daily e-mail reports to front and
 back office staff, ensuring that action information gets to portfolio managers
 and other key staff wherever they are. By leveraging the capabilities of Axys
 and the Internet, Advent Corporate Actions provides timely, accurate corporate
 action information with cost allocations on securities held in the client's
 portfolios.
     "The integration of Advent Corporate Actions with Axys has saved us a
 great deal of time because we no longer have to worry about manually entering
 the corporate actions information. It's also very easy to use -- we literally
 push one button to get the corporate actions updates," said Jennie Locati,
 Assistant Vice President of McAdams Wright Ragen Inc., a Seattle-based
 brokerage firm.
     "Corporate actions information has traditionally been one of the most
 difficult aspects of investment accounting to automate. Our new integrated
 solutions are truly revolutionary in their ability to offer time and labor
 savings advantages to the investment community," said Bob Huebscher, President
 of Hub Data.
     Hub Data, based in Cambridge, MA, is a wholly owned subsidiary of Advent
 Software. Hub Data offers a full suite of enterprise-wide data management
 solutions, including services for market data, security master file
 conversions and scrubs, and custodial data. More information on Hub Data can
 be found at their Web site at www.hubdata.com.
     Advent Software, Inc. is a leading provider of enterprise investment
 management solutions, offering stand-alone and client/server software
 products, data interfaces, and related services that automate and integrate
 mission-critical functions of investment management organizations. The company
 provides a suite of complementary products for the front, middle and back
 offices of investment management organizations. Visit www.advent.com for more
 information.
 
     NOTE:  Advent Software, Inc. is a registered trademark of Advent Software.
 All other products or services mentioned herein are trademarks or registered
 trademarks of their respective companies.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X68753046
 
 SOURCE  Advent Software, Inc.