Firm Rolls out Best-of-Breed, Cloud-Based Trading System 
Gaining Greater Efficiencies
Greenwich, CT – June 28, 2018 – INDATA®, a leading industry provider of software, technology and services for buy-side firms, today announced that EULAV Asset Management (“EAM”) based in New York, NY with more than $2.5 Billion in AUM, has successfully implemented INDATA’s iPM Epic OMS delivered via iPM Cloud. EAM is utilizing INDATA for Trade Order Management and electronic trading via FIX for both equities and fixed income, portfolio modeling, and pre/post-trade compliance as a best-of-breed solution in conjunction with their other back office and custodian systems.
EULAV Asset Management is the investment adviser to the Value Line Funds — a diversified family of mutual funds with a wide range of investment objectives including a variety of equity, hybrid, and fixed income funds. EAM selected INDATA to replace its previous OMS based on a variety of factors including the system’s ability to integrate more efficiently with its other in-house systems, functionality to accommodate more complex portfolio modeling scenarios, as well as the system’s more efficient workflows which includes bond trading via FIX.
“INDATA’s OMS provides us with a more robust, user-friendly trading system with increased functionality, as well as better integration with our trading partners,” commented Raymond Stock, Vice President of Operations. “We look forward to growing our business relationship with INDATA in the years to come,” he added.
“We are very pleased to be working with EULAV Asset Management as their OMS provider and look forward to serving their ongoing needs,” commented David J. Csiki, President of INDATA.
About INDATA®
INDATA is a leading specialized provider of software, technology and 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
For more information on INDATA’s product offering, visit www.indataipm.com
