INDATA, which provides software and services for buy-side firms, has upgraded the data management capabilities of its iPM (Intelligent Portfolio Management) platform.
iPM, launched in February of 2010, includes data management tools via proactive system alerts available within a customizable dashboard. It is also integrated with email and mobile devices. The latest version offers a real-time overview of the state of data contained in the system, including data gaps or null data as well as stagnant data.
That offers a 360-degree view of client data at any point in time across account master, security master, performance, index information and other key data points required for accurate trading and client reporting. Data outages and changes are captured within the iPM systems comprehensive audit trail.
We view data management tools as an integral component of iPM equal to any other functional area that we automate such as trading/OMS, compliance, accounting, and reporting, says David J. Csiki, managing director of INDATA. With this additional functionality, iPM clients now have capabilities that are equivalent to, if not better than, the stand alone data management solutions typically used by only very large firms, which are often expensive and difficult to implement and maintain.
The firm offers trade order management (OMS), compliance, portfolio accounting and front-to-back office software.
(CG)