Soros Is Second Beta Site, Alongside Goldman Asset, For Advent's Delayed Geneva

PORTFOLIO SYSTEMS

Soros Fund Management has joined Goldman Sachs Asset Management as a beta-test site for Advent Software Inc.'s elusive Geneva product. Geneva is meant to be Advent's high-end, multicurrency entry into the portfolio management system marketplace; in its recent preliminary IPO prospectus, Advent emphasized that the successful release of Geneva is vital to the vendor's overall growth.

Officials at Advent, Soros and Goldman Sachs could not be reached for comment on the Geneva betas at press time.