Indata ships portfolio management platform

Source: Indata

Indata, a leading industry provider of SaaS (Software as a Service) for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office today announced the release of Indata iPM - Intelligent Portfolio Management as well as availability of the latest version of its suite of products - IMS 8 - which feature Indata iPM Technology.

INDATA iPM - Intelligent Portfolio Management® is a new platform and set of technologies for buy-side firms that allow end users to collaborate in real-time across the enterprise. iPM is designed to increase end user productivity, enhance the investment process and offers real-time risk, compliance and performance monitoring as well as integrated tools for marketing.

According to Denise Valentine, an analyst of research advisory firm Aite Group, top business priorities for asset managers in 2010 emphasize new business development, attention to supporting and enhancing the investment process, and risk mitigation through system and process improvement. "Systems that offer improvements in these areas can offer an edge to buy-side firms looking for an advantage in the current environment," continued Valentine. "Regulators and clients expect more process controls throughout the firm's activities, enhanced reporting and greater transparency. Asset managers need technology to help meet these goals with ease and speed." says Valentine.

"iPM is a revolutionary approach to portfolio management and presents a different paradigm for investment management firms," said David J. Csiki, Managing Director, INDATA. "iPM significantly improves business agility, decreases operational risk and administrative overhead, and provides investment managers with transparency and a competitive advantage for targeting and managing new and existing business," he added.

In addition to iPM, a sample of other features in IMS Version 8 includes:

• SQL Server 2008 Compatibility
• Windows 7 Compatibility
• Numerous client specific enhancements

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