Sasco Capital goes live with Indata OMS
INDATA, a leading industry provider of software solutions for buyside firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office announced today that Sasco Capital based in Fairfield, Connecticut, is now live with the INDATA I.M.S. system for portfolio modeling, pre and post-trade compliance, trade order management, portfolio accounting and reporting, and billing.
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"When we began evaluating vendors, it was important for us to have a platform that had strong trade order management and compliance capabilities," said Regina Frate, Director of Trading for Sasco Capital. "It was also important for us to have a solution that was integrated and had the back office accounting capabilities of our old system. INDATA was the solution that mostly effectively combined both of these attributes," she added.
"Having a strong trade order management and compliance system is a necessity in today's regulatory and compliance environment," commented David Csiki, managing director of INDATA. "It is also critical to have a comprehensive back office accounting system in place in order to take advantage of the operational efficiencies created by deploying a single solution. The INDATA I.M.S. provides these capabilities as part of an integrated platform based on the latest technology. We welcome Sasco to our fast-growing client base", he added.