INDATA Marks One-Year Anniversary of iPM Cloud

Greenwich, CT - 19 June 2012

Broad Range of Institutional Asset Management Firms Have Embraced iPM Cloud

INDATA®, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office today announced the one-year anniversary of iPM Cloud, a secure, private cloud-based solution for investment management firms.

In a little over a year, iPM Cloud has established itself as a premier solution for institutional investment management firms looking for the combination of state-of-the-art iPM technology with built-in disaster recovery and instant scalability, as well as faster time to market than conventional or competing systems.

A broad range of institutional asset management firms have embraced iPM Cloud. They range in assets from approximately $1Billion in AUM to over $60 Billion in AUM across a variety of asset classes including domestic equities, international equities and fixed income securities. Whether new to INDATA as iPM clients or veteran users, iPM Cloud clients all share the common desire to leverage technology to its fullest extent in order to address industry considerations such as business continuity planning (BCP) and disaster recovery, while creating operational efficiency and long-term cost savings. In this respect, iPM Cloud allows asset management firms to focus on what they do best: managing investments and providing service to clients.

Since launching iPM Cloud, INDATA has also continued to innovate, releasing a number of updates to its iPM software and services as part of its ongoing efforts to keep clients ahead of industry trends. Major iPM releases in the past year have included advanced data management tools, sophisticated fixed income capabilities, as well as iPM Connect – the industry’s first product to combine CRM and research management features into one integrated system.

“We are extremely pleased by the success of our iPM Cloud offering and we are grateful for the considerable growth that our firm has experienced from new and existing clients alike,” commented David J. Csiki, Managing Director, INDATA. “Our success has afforded us significant resources to continue to reinvest in our people, products and services and we are very excited about what we are working on and our prospects for the future as we embark on yet another phase in our growth plans,” he added.

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