Software provider INDATA announced that Connecticut-based equity manager, Sasco Capital, is now live with the INDATA’s I.M.S. system for portfolio modeling, pre and post-trade compliance, trade order management, portfolio accounting and reporting, and billing.
“When we began evaluating vendors, it was important for us to have aplatform that had strong trade order management and compliancecapabilities,” said Regina Frate, director of Trading for Sasco Capital.”It was also important for us to have a solution that was integrated andhad the back office accounting capabilities of our old system.”
“Having a strong trade order management and compliance system is anecessity in today’s regulatory and compliance environment,” commentedDavid Csiki, managing director of INDATA. “It is also critical to havea comprehensive back office accounting system in place in order to takeadvantage of the operational efficiencies created by deploying a singlesolution.”