Boutique Investment Adviser Streamlines Operations via INDATA Outsourcing Services
Greenwich, CT – February 15, 2023 – INDATA®, a leading industry provider of software, technology and managed outsourcing services for buy-side firms, today announced that Pier Capital, LLC, based in Stamford, CT is live with INDATA’s fully-integrated front-to-back office SaaS solution delivered via iPM Private Cloud.
Pier Capital manages U.S. Small Cap Growth and SMid Cap Growth equity portfolios primarily for institutional clients such as retirement plans, endowments, foundations, municipalities and for a limited number of high-net-worth clients.
“We were looking for a more integrated software solution that would improve some of our trading and reporting capabilities. Now that we have implemented INDATA, we have also been able to significantly streamline our operational workflows via their outsourcing services, which allows us to focus on our core investment activities and servicing clients.”
Kathy Mienko, Chief Compliance Officer for Pier Capital.
In terms of servicing clients, INDATA’s cloud-based SaaS products offer fully customizable client portal software. iPM Portal includes robust external client access features that offer a cutting-edge digital experience for the end client, providing INDATA clients the ability to differentiate themselves from their competitors.
“In today’s markets, the ability for differentiation combined with cost-effective outsourcing services are mission-critical requirements for investment management firms looking to grow AUM and reduce costs,” commented David Csiki, President of INDATA. “We are very pleased to welcome Pier Capital as a client,” he added.
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
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David Csiki, firstname.lastname@example.org