Advent Software, Inc. (Advent) offers software and services, which automate work flows and data across investment management organizations, as well as the information flows between an investment management organization and external parties. Its business derives revenues from the development, marketing and sale of software products, hosting services, data interfaces and related maintenance and services that automate, integrate and support mission-critical functions of investment management organizations globally. Its Software-as-a-Service (SaaS)-based product offerings include Advent OnDemand which includes its product offerings delivered over the Web and hosted either by Advent or by a third party, and Black Diamond, which is available only over the Web and hosted by Advent. On June 1, 2011, the Company acquired Black Diamond Performance Reporting LLC (Black Diamond). On February 28, 2011, Advent acquired Syncova Solutions Ltd. (Syncova).