Arga Investment Management Adopts INDATA’s iPM Epic Cloud Suite

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    Firm Gains Greater Trading, Compliance, Reporting & Back Office Capabilities

    Greenwich, CT — September 13, 2017 – INDATA, a leading industry provider of software, technology, and services for buy-side firms, today announced that ARGA Investment Management has implemented INDATA’s iPM Epic software suite on a front, middle, and back office basis via iPM Cloud, INDATA’s private cloud solution.

    ARGA Investment Management, LP, based in Stamford, CT, with offices in Chennai, India is an independent investment management firm focused on global equities with more than $3 Billion in AUM across developed and emerging markets strategies.

    ARGA, a new INDATA client, was looking for a system to improve its operational efficiency and enhance its front-office capabilities in the areas of trading, compliance, and reporting. ARGA was also looking for a cloud-based solution so that end users could fully leverage the system on a global basis including the firm’s Chennai, India, office.

    By implementing INDATA’s software for our front, middle, and back office we have enhanced our trading, compliance, and reporting capabilities,” commented Keith Komar, Chief Administrative Officer. In addition to gaining greater front and middle-office functionality via a private, cloud-based delivery system, ARGA was looking to increase automation across back-office activities, which the INDATA system also provides.

    “We are very pleased that ARGA Investment Management has selected our firm as their investment management software solution,” commented David J. Csiki, President of INDATA. “Our goal as a provider is to be a true business partner and the combination of our best-of-class software, outsourcing services and technology hosting via iPM Cloud provide a complete and fully integrated solution for our clients,” he added.