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 Emerald Advisers, Inc., based in Leola, PA, has migrated to Indata's iPM Cloud - Intelligent Portfolio Management platform.
With a focus on institutional investment management, Emerald was looking for a system that would provide more robust functionality than their previous system across asset classes. After conducting due diligence on a number of systems, Emerald selected iPM not only for its enhanced functionality and Cloud deployment option, but also for its data management and integration capabilities.
"Data integrity and control is very important and iPM's capabilities are advantageous and easy to use. iPM's advantage extends beyond data management to also provide more efficient integration with outside systems," commented Scott Rehr, Chief Operating Officer, Emerald Advisers, Inc. "The system's trading, modeling and reporting capabilities are very robust and the Cloud delivery option allows us to focus on our investment process without having to be concerned with the reliability or responsiveness of aging IT infrastructure," he added.
"Continued industry demands for greater transparency, enhanced compliance and business agility have driven savvy firms to look for systems that can effectively streamline the investment management process and ensure data integrity," commented David J. Csiki, Managing Director, INDATA. "A big part of data management is efficiently integrating with external systems to ensure accurate data and iPM was designed to create operational efficiencies in this area. We are pleased to welcome Emerald Advisers to the iPM client community," he added.