EULAV Asset Management Live on INDATA Middle/Back Office Software Services

INDATA, a leading industry provider of software, technology and managed services for buy-side firms, today announced that EULAV Asset Management based in New York, NY with more than $3 Billion in AUM, has successfully implemented INDATA’s iPM Epic Middle and Back Office Software Services. EULAV is also utilizing INDATA for Trade Order Management and electronic trading via FIX for both equities and fixed income, portfolio modeling, and pre/post-trade compliance as a best-of-breed solution.

EULAV Asset Management is the investment adviser to the Value Line Funds — a diversified family of mutual funds with a wide range of investment objectives including a variety of equity, fixed income and hybrid funds. EULAV had previously selected INDATA to replace its former OMS and was looking to gain greater efficiencies by having an integrated front-to-back office solution and decided to add INDATA’s middle and back office software services.

“Now that we have INDATA’s middle and back office software services, we are able to automate many of the manual processes that we had in place with our previous back office provider,” commented Raymond Stock, VP of Operations. “This combined with INDATA’s data management software and data services allows us to operate with more efficiency,” he added.

“We are very pleased to expand our relationship with EULAV Asset Management as their front-to-back office provider and look forward to serving their long-term needs,” commented David J. Csiki, President of INDATA.

For more information on INDATA’s product offering, visit www.indataipm.com

About INDATA®
INDATA is a leading specialized provider of software, technology and managed services for buyside firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back office delivered via iPM Epic® – the industry’s first investment technology platform specifically designed for the era of big data and iPM Porfolio Architect AI™, the industry’s first portfolio construction, modeling, rebalancing and reporting tool based on AI and Machine Learning. INDATA’s iPM – Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real-time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors. The company’s mission is to provide clients with cutting edge technology products and services to increase operational efficiency while reducing risk and administrative overhead.

INDATA provides software and services to a variety of buyside clients including asset managers, registered investment advisors, banks and wealth management firms, pension funds and hedge funds. Assets under management range from under $1 billion to more than $100 billion across a variety of asset classes globally. For more information, visit www.indataipm.com or follow us on Twitter: @indataipm

Media Contact:
Jenn Alberts
jalberts@indataipm.com
+1 858 847 3000

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