These new features have been added to the IMS suite of products and cover the entire wealth management process from portfolio modeling & trading to back office accounting & reporting, recon, billing and CRM (customer relationship management) functions.
Unlike competing platforms, INDATA offers a complete front-to-back office solution or the ability for advisory firms to âmix and matchâ products and services in key areas including modeling and trade order management, portfolio accounting and reporting as well as CRM, with all software and technology infrastructure hosted by INDATA resulting in significant cost savings.
Key enhancements include refinements to INDATAâs âwhat ifâ modeling functionality including optimization tools for trading across family groups of accounts and greater integration with established custodians from a trading, accounting, billing, and reporting standpoint. Additional interfaces with established Trust Accounting platforms also provide seamless integration for advisory firms.
âThis new enhanced functionality combined with INDATAâs outsourced solution used by global asset managers provides a compelling set of capabilities for advisory firms within the wealth management space,â commented David J. Csiki, Managing Director of INDATA.