Miles Capital live with Indata iPM

Source: Indata

Indata, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office today announced that Miles Capital, based in Des Moines, IA is now live with Indata's iPM - Intelligent Portfolio Management platform via the cloud for its growing institutional business.

"Miles Capital is focused on providing comprehensive solutions supportive of our clients' business success. Since our clients receive tailored portfolios it is critical that our operational platform provide efficiencies and a more in-depth approach, especially in the area of compliance, and iPM provides us such a platform," commented Greg Boal, President and Chief Investment Officer. "In addition, by deploying the system on a front to back office basis, our firm is afforded greater automation and data integrity while taking advantage of iPM's private cloud delivery model which allows for scalability and better security," he added.

iPM Cloud contains the best of class functionality required by institutional investors. The system provides a built-in data management engine that assesses data on a real-time basis and alerts designated end users before issues become problems. For asset classes like fixed income, which are more data intensive, having integrated data management tools enables greater capabilities in the area of compliance that are not typically found in other systems. In addition, iPM provides best of class functionality for trading, back office accounting and reporting, all delivered via the cloud.

"Miles Capital is a sophisticated asset manager and we were gratified when our firm was selected over other competing solutions as their core investment management platform," commented David J. Csiki, Managing Director. "We are pleased to have them as a client and look forward to assisting them with their continued growth plans," he added. 

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