Moves from On-Premise Deployment Model to INDATA SaaS
Greenwich, CT – December 6, 2022 – INDATA®, a leading industry provider of software, technology and managed outsourcing services for buyside firms, today announced that Dana Investment Advisors, based in Waukesha, WI has implemented the company’s iPM Private Cloud Platform.
Dana Investment Advisors is an Asset Management firm that guides investors through an ever-changing market environment. With more than $6 Billion in assets under management, Dana actively manages a broad range of public U.S. Equity and Fixed Income investment strategies for corporations, endowments, foundations, family offices and individuals.
“The INDATA implementation team was great to work with on our cloud migration. They exceeded our expectations resulting in a smooth transition to the cloud. Now that we have the cloud in place, we can take advantage of the latest tech and software tools that INDATA has to offer while continuing to operate in our own unique fashion via INDATA’s private cloud model.”
George Tsiamis, Director of Trading and Operations for Dana Investment Advisors
INDATA’s iPM Cloud offers the full security benefits of a private cloud environment but with the flexibility of a SaaS Model (Software-as-a-Service). With iPM Cloud, each INDATA client has a dedicated environment with hardware security and physical infrastructure security built in. All hardware, software, and ongoing maintenance costs, including high availability DR (Disaster Recovery) are included. In addition, with INDATA’s proprietary model, data and infrastructure delivered via iPM Cloud can be easily customized, unlike shared multi-tenanted cloud environments, allowing clients the ability to rapidly scale based on ongoing needs.
In addition to the cloud, Dana implemented INDATA’s latest suite of products for portfolio management, trading and reporting, including client portal. “The INDATA implementation team was great to work with on our cloud migration. They exceeded our expectations resulting in a smooth transition to the cloud,” commented George Tsiamis, Director of Trading and Operations for Dana Investment Advisors. “Now that we have the cloud in place, we can take advantage of the latest tech and software tools that INDATA has to offer while continuing to operate in our own unique fashion via INDATA’s private cloud model,” he added
“We are very pleased to welcome Dana Investment Advisors to iPM Cloud,” commented David Csiki, President of INDATA. “iPM Cloud provides a best-of-class solution where each client’s data and software are completely private, unlike other vendors who offer multi-tenanted solutions whereby client data is commingled with others. Our private cloud model is unique and in-line with industry best practices for data privacy and security,” he added.
To learn more about INDATA’s iPM Private Cloud, please click here.
INDATA is a leading specialized provider of software, technology and managed outsourcing services for buyside 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 Porfolio 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 buyside 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