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 that GW Capital, Inc., based in Bellevue, WA has selected INDATA’s iPM – Intelligent Portfolio Management® platform via the Cloud for its growing institutional business.
iPM Cloud contains the best of class functionality demanded by sophisticated institutional investors. The system contains a built in data management engine that assesses data on a real-time basis and alerts designated end users before issues become problems. It also provides for greater operational and cost efficiencies over the long term as well as business continuity planning capabilities through its high availability DR (Disaster Recovery) features.
In terms of functionality, iPM Cloud provides significant capabilities for managing fixed income securities, an important consideration for GW Capital. iPM Cloud was selected after the firm conducted extensive due diligence on a number of vendors before retaining INDATA.
“Improved ease of use and functionality, compliance enhancements and iPM Cloud assisting mission critical functions for our firm, such as disaster recovery, were the primary factors behind our decision,” commented Scott Mullet, Senior Vice President & Principal.
“Firms like GW Capital understand the importance of putting in place a solution that not only meets their functionality needs but also offers the ability to outsource the IT side of the equation,” commented David J. Csiki, Managing Director, INDATA. “With the iPM Cloud platform, GW can focus on managing assets without having to be concerned with further IT infrastructure requirements as the firm scales its business,” he added.