Fund Manager Improves Compliance, Trading, Portfolio Management & Operations Workflows via Fully Integrated Cloud-based Solution
Greenwich, CT – March 16, 2021 – INDATA®, a leading industry provider of software, technology and managed services for buy-side firms, today announced that Capital Growth Management Limited Partnership (CGM), based in Boston, MA is live with INDATA’s fully-integrated front-to-back office SaaS solution delivered via iPM Cloud.
Managed by Ken Heebner with approximately $1 Billion in AUM, The CGM Funds invest in equities, including REITs and ADRs, as well as Treasuries within its three primary funds.
INDATA leverages the latest technologies including the cloud, the web, APIs, data analytics and AI to deliver a fully integrated front-to-back-office solution that is streamlined in terms of operation, yet comprehensive in terms of functionality, with broad-based appeal for firms looking to modernize their trading and operations, improve productivity and reduce costs.
“We were looking for a complete solution that would automate our pre and post-trade compliance around our 1940 Act funds, broker matching and confirmation, portfolio management and reporting. With INDATA, we are now able to perform in just a few clicks our portfolio management, trading, compliance and reporting workflows with speed and accuracy.”
“The INDATA implementation team has been great to work with and they have been able to modify the system to accommodate some of our specific requirements, which has also been very beneficial.”
Deidra Hewardt, CGM Treasurer
“We are very pleased to welcome CGM Funds to our growing list of clients,” commented David Csiki, President of INDATA. “Our mission is to provide clients with a superior product that offers the latest technology and functionality, all at a reasonable cost. In today’s environment, there are many fund managers that can benefit by replacing their OMS and portfolio management software systems, which will allow them to increase productivity, reduce costs over incumbent systems, as well as operate remotely, securely and efficiently,” he added.
INDATA is a leading specialized provider of software, technology and managed services for buy-side firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back office delivered via iPM Epic® – the industry’s first investment technology platform specifically designed for the era of big data and iPM Portfolio Architect AI™, the industry’s first portfolio construction, modeling, rebalancing and reporting tool based on AI and Machine Learning. INDATA’s iPM – Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real-time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors. The company’s mission is to provide clients with cutting edge technology products and services to increase operational efficiency while reducing risk and administrative overhead.
INDATA provides software and services to a variety of buy-side clients including asset managers, registered investment advisors, banks and wealth management firms, pension funds and hedge funds. Assets under management range from under $1 billion to more than $100 billion across a variety of asset classes globally. For more information, visit www.indataipm.com or follow us on Twitter: @indataipm