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First Users Upgrade to Odyssey's Latest InvestmentManager Platform

Odyssey Financial Technologies, a global provider of Asset Management software solutions and services, reports that the first round of users have successfully migrated onto Version 6 of its InvestmentManager portfolio management system, including a UK top 20 occupational pension scheme. The pension fund management firm went live recently after a seamless 7-week project, and is now looking to move additional investment managers on to the InvestmentManager platform.

Odyssey's InvestmentManager v6 is the result of a close collaboration between the company and its user base, producing a functionally enriched version of the product that is also significantly simpler to install and support. Odyssey has designed the platform to enable maximum user control, and to drive down the Total Cost of Ownership (TCO) associated with the solution. The pension fund management firm's upgrade represented a text book example, with the client managing the upgrade process itself, working in close co-operation with Odyssey to ensure that optimal installation and configuration procedures were planned and executed. As a result, the project was delivered on time and well within the allocated budget.

Odyssey Financial Technologies VP for InvestmentManager, Jon May, expanded, "We are delighted at the success of this first migration onto v6, bringing one of InvestmentManager's longest-standing customers onto the latest version. Odyssey has made a substantial investment in evolving InvestmentManager over a two-year period, focusing on listening to what our clients wanted. Our client reports excellent feedback from its fund managers regarding v6's functionality, speed and overall usability, giving them a modern and reliable platform. This is the first in a number of upgrades taking place, and we are receiving an extremely positive reaction from our users."

InvestmentManager is an advanced, analytical front office decision support solution covering the full range of multi-asset, multi-currency portfolio management requirements. It is designed to give portfolio managers control, enabling faster and easier tracking of the investment process from historical performance and attribution through what-if and portfolio modelling to forward looking scenario analysis. The latest version includes a powerful new element - Recon - providing daily data consistency checks for improved accuracy.