Buy-Side Firms Turn to Cloud-Based Portfolio Management Systems

    g-w capital
    624 300 INDATA

    dave - data managementIndata’s David Csiki says that on the buy side there is very little resistance to the cloud, which is a significant change from just a couple of years ago.

    Indata has announced that GW Capital will use its cloud-based iPM solution for portfolio management. The Bellevue, Wash.-based firm, which manages more than $2 billion, chose Indata for its ability to manage fixed-income securities and for its cost-saving disaster recovery capabilities.

    Buy-Side Technology spoke with David Csiki, Indata’s managing director, about the product, the latest trends in cloud computing, and what’s on Indata’s IT roadmap.