February 3, 2014 NASDAQ:ADVS

Investor Fact Sheet

Company Overview
U History: Founded in 1983; IPO on NASDAQ (ADVS) in 1995.
In EMEA since 1998 and Asia since 2008.
U Business: Mission critical software for the buy-side
U Ofces: San Francisco, New York, Boston, Jacksonville, London,
Zurich, Amsterdam, Stockholm, Oslo, Copenhagen, Dubai, Hong
Kong, Beijing, Singapore
U Employees: 1,151 on December 31, 2013
U Clients: Over 4,300 clients in nearly 60 countries
U 2014 Guidance:
Established non-GAAP operating margin of 31.0 31.5%
Operating cash ow growing 6%17% (from $98.6M in 2013
to $105M$115M in 2014)
Revenue growing 3%5%(from $383M in 2013 to $395
$403M in 2014)
Market Drivers
U Globalization and growth of wealth
U Investor product proliferation
U Investor expectations for risk management and transparency
U Regulatory changes and complexity
U Technology paradigm shifts: Cloud, Mobile, Social
Advents Priorities
U Strengthen Solution Set
The best at what our clients expect from us
Line of business focus
User-centric workow solutions
Ease of implementation and adoption
Open to partnering where it makes sense
U Capture Global Opportunity
Design globally from the start
Early mover in green eld markets
Land and expand approach
International grows from 17% in 2013 to 25% of revenue
by 2017
U Drive Operational Improvements
Newly reorganized to grow faster; gaining cost efciencies
Improving P/S practice protability
Universally adopted agile product methodology
Building an online client community to enhance client experience
and improve gross margins
Fundamentals
Price Per Share $30.61
52 Wk Range $25.45$36.21
Diluted WASO (Q413) 53.8M
Market Capitalization $1.68B
Total Cash and Cash Equivalents $34M
Investment Summary
U Market leader in large and growing addressable market
U History of technology and brand leadership generating signicant
long-term growth opportunities
U Diversied, resilient and scalable business model
U Strong cash ow and efcient balance sheet with track record of
capital return
U Expanding operating margin and high earnings visibility
U Experienced management team
$0
$30
$60
$90
$120
FY10 FY11 FY12 FY13 FY14G
$60
21%
$72
22%
$85
24%
$115
30%
>2
0
%
C
A
G
R
GAAP Income from Operations
Non-GAAP Income from Operations (excludes amortization of acquired intangibles, stock


$124.69
31.25%
$150
Non-GAAP Operating Prot ($M)
Annual Revenue Trend ($M)
$0
$75
$150
$225
$300
FY10 FY11 FY12 FY13 FY14G
$284
$450
$326
$375 $359
9
%
C
A
G
R

$383
$395$403
Note: FY13G numbers represent midpoint of management guidance provided on 2/3/14.
0%
20%
40%
60%
80%
100%
2011 2012 2013
APX/Axys/OnDemand Suite 38% 36% 34%
Geneva 27% 26% 28%
Data Services 15% 14% 12%
Moxy 13% 12% 12%
Black Diamond 2% 5% 6%
Tamale 4% 4% 4%
Other 0% 3% 2%
Other includes Tradex, Syncova, etc. Term Deferral excluded from total revenue.
20%
40%
60%
80%
100%
2011 2012 2013
Asset Mgmt. 40% 39% 38%
Alternatives 33% 33% 33%
Advisory/Wealth Mgmt. 27% 28% 29%
0%
ADVENT SOFTWARE, INC.
[HQ]
600 Townsend Street
San Francisco, CA 94103
+1 800 7270605
[NY]
1114 Avenue of the Americas
New York, NY 10036
+1 212 398 1188
[HK]
Suite 31183120, Level 31
Entertainment Building
30 Queens Road
Central, Hong Kong
+852 3103 1000
[UK]
127133 Charing Cross Road
London WC2H 0EW, UK
+44 20 76319240
www.advent.com
Copyright 2014
Advent Software, Inc.
All rights reserved.
Advent, the Advent logo, Advent Software, Advent Rules Manager,
Advent Portfolio Exchange, Tamale, and Tamale RMS, are regis-
tered trademarks of Advent Software, Inc. Tradex is a registered
mark of Advent Norway AS in Norway and the European Union. All
other company names or marks mentioned herein are those of
their respective owners. Information subject to change without
notice. Printed on recycled paper.
Revenue Product Mix
Market Segment Revenue Mix
Product Descriptions
U APX: portfolio management and reporting system that integrates
front ofce functions of prospecting, marketing and customer
relationship management with portfolio accounting, reporting, and
performance attribution
U AXYS: broad portfolio accounting functionality, timely decision sup-
port, sophisticated performance measurement and exible reporting
U Black Diamond: web-based, outsourced portfolio management and
reporting platforms for independent advisors
U Data Services: Advent Custodial Data and Advent Market Data
interfaces
U Geneva: global real-time investment management platform
designed for alternative asset managers with complex international
accounting requirements and/or wide instrument coverage needs
U Moxy: trade order management
U Revenue Center: automates complex billing processes for asset
managers
U Rules Manager: pre and post trade compliance, for use with Moxy
U Syncova: provides margin management and nancing software to
hedge funds and prime brokers
U Tamale: Research Management Software (RMS)
U Tradex: International Shareholder Services
The nancial projections under Financial Guidance and any other forward-looking statements
included in this presentation reect managements best judgment based on factors currently
known and involve risks and uncertainties; our actual results may differ materially from those
discussed here. These risks and uncertainties include: potential uctuations in new contract book-
ings, renewal rates, operating results and future growth rates; continued market acceptance of
our products; the successful development, release and market acceptance of new products and
product enhancements; uncertainties and uctuations in the nancial markets; the Companys
ability to satisfy contractual performance requirements objectives and other risks detailed from
time to time in our SEC reports including, but not limited to, our quarterly reports on Form 10-Q
and our 2012 Annual Report on Form 10-K. The Company disclaims any intention or obligation to
publicly update or revise any forward-looking statements including any guidance, whether as a
result of events or circumstances after the date hereof or to reect the occurrence of unantici-
pated events.
Advent Core Products
Core Product Offering Targeted Line(s) of Business
Geneva
Prime Brokers, Hedge Fund
Administrators, & Hedge Funds
Advent Portfolio Exchange Asset Managers
Axys Asset Managers
Black Diamond Financial Advisors & RIAs
Advent Complementary Products
Product or Service Description
Moxy Trade order management
Tradex Fund order management & transfer agency
Syncova Margin and nancing calculation & analysis
Advent Custodial Data
Electronic delivery of standardized
custodial data
Advent Revenue Center Integrated billing & revenue management
Advent Rules Manager Pre- & post-trade compliance
Tamale RMS Research management