Indata signs tenth Advent client to IMS

Source: Indata

INDATA, a leading industry provider of software solutions for buy side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office, today announced the signing of its 10th Advent client to convert to the INDATA I.M.S. solution.

"We have experienced a significant level of uptake and strong interest from Advent clients for the INDATA I.M.S. product suite," said David J. Csiki, managing director of INDATA. "Progressive asset management firms are adopting more cost-effective solutions that automate the entire trade cycle," continued Csiki.

"The I.M.S. product suite increases operational efficiencies within each firm, allowing our clients to focus on servicing their existing customers while having the technology in place to grow assets under management," said Csiki.

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