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 Analyst - the latest addition to its Intelligent Portfolio Management platform.
iPM Analyst is an innovative data management, research, and client servicing tool that integrates with existing systems to allow portfolio managers, analysts and other investment professionals to more efficiently manage and document their investment process, research and client servicing activities. iPM Analyst can be used on a stand-alone basis or in conjunction with other INDATA products.
According to Denise Valentine, an analyst of research advisory firm Aite Group, effective data management is at the heart of being able to demonstrate greater transparency and process controls, which are key industry trends. "Asset managers who invest in technology solutions are better able to demonstrate their capabilities to regulators and clients," said Valentine.
"Gatekeepers, regulators and clients expect more process controls throughout the firm's investment activities enhanced documentation, as well as greater transparency," commented David J. Csiki, Managing Director, INDATA. "iPM Analyst delivers a unique solution that offers significant improvements in each of these key areas versus existing industry practices," he added.