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 Janney Capital Management LLC, based in Pittsburgh, PA, is now live with Indata's iPM Cloud - Intelligent Portfolio Management platform.
iPM Cloud is a secure, private cloud-based solution for users of iPM - INDATA's Intelligent Portfolio Management platform. With iPM Cloud, each INDATA client has a private environment with hardware security and physical infrastructure security built in. All hardware, software and ongoing maintenance costs including high availability DR, (Disaster Recovery), are included. In addition, with INDATA's proprietary model, data and infrastructure delivered via iPM can be accessed from anywhere and can rapidly scale with each client's ongoing needs.
"We were very pleased with the conversion process to iPM Cloud," commented Dwight E. Cowden, Vice President, Janney Capital Management. "INDATA's technical staff worked closely with our IT organization to deliver a timely solution in order to meet our deadlines. Now that we have iPM Cloud in place we are able to benefit organizationally in a number of ways including efficiently tying multiple offices into our iPM portfolio management and OMS platform," he added.
"In addition to improving data management, compliance and disaster recovery capabilities, one of the benefits of a cloud platform is the ability to effectively access mission-critical systems from different locations," commented David J. Csiki, Managing Director, INDATA. "Firms like Janney Capital Management understand the importance of choosing the right technology partners and we were pleased that we were able to assist them in meeting their business goals via iPM Cloud," he added.