Firm Expands Technology Usage to Improve Performance and Connectivity
Greenwich, CT — January 18, 2017 — INDATA, a leading industry provider of software, technology and services for buy-side firms, today announced that MCT – MacGuire, Cheswick & Tuttle Investment Counsel, based in Darien, CT has implemented INDATA’s iPM Cloud – Intelligent Portfolio Management® platform. The wealth management firm, a long standing INDATA client, decided to upgrade to iPM Cloud as it was looking for ways to improve system performance in terms of speed and scalability compared with its previous in-house IT setup as well as having built-in disaster recovery and business continuity planning (BCP) capabilities in line with industry best practices.
iPM Cloud, stored privately, provides significant improvements for MCT including mobile-friendly responsiveness, advanced performance improvements and better connectivity to third-party systems due to INDATA’s state-of-the-art infrastructure. With iPM Cloud, data and infrastructure, delivered via iPM, can rapidly scale with each client’s ongoing needs giving them a competitive advantage and faster time to market compared with conventional hosted or SaaS approaches.
“We are very pleased with our decision to migrate to iPM Cloud,” commented Susan Brewer, Partner, MCT. “Our iPM Cloud solution is also faster, mobile-friendly, and better connected to the third-party systems we use than the in-house deployment we had before.”
“We are very pleased to have MacGuire, Cheswick & Tuttle Investment Counsel as an iPM Cloud client and look forward continuing to serve their needs for the long term,” commented David J. Csiki, President of INDATA.
For more information on INDATA’s product offering, visit www.indataipm.com
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. 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 (i.e. equity, fixed income, etc.) both domestic and international. For more information, visit www.indataipm.com or follow us on Twitter: @indataipm