First Wilshire Live on INDATA iPM Front Office Solution

Greenwich, CT -- June 21, 2010

Company Enhances Trading, Compliance and Data Management Capabilities via INDATA iPM – Intelligent Portfolio Management® Platform

INDATA, a leading industry provider of SaaS (Software as a Service) for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office, today announced that First Wilshire Securities Management, Inc., based in Pasadena, CA, is now live with INDATA’s Front Office solution delivered through the INDATA iPM – Intelligent Portfolio Management® platform.

iPM – Intelligent Portfolio Management® is a platform and set of technologies for buy-side firms that allow end users to collaborate in real-time across the enterprise. iPM is designed to increase end user productivity, enhance the investment process and offers real-time risk, compliance and performance monitoring, as well as integrated tools for marketing.

First Wilshire is utilizing the INDATA solution for its portfolio management, trading and compliance needs. “Now that we have iPM in place, we will begin to streamline our investment processes. The system proactively alerts us to trade data and compliance issues, which greatly improves our compliance and risk management capabilities,” commented Thomas H. Hanson, Senior Vice President and Chief Operations Officer of First Wilshire Securities Management.

“Industry demands for greater transparency, enhanced compliance and increased business agility have driven the development of the iPM platform,” commented David J. Csiki, Managing Director of INDATA. “Firms like First Wilshire understand the importance of having these capabilities as part of a complete front office solution. We are pleased to have them as a client,” he added.

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