Palo Capital, an investment advisor based in Newport Beach, CA, has selected INDATA’s iPM Epic platform for their front-to-back office needs.
The industry’s first investment management platform specifically designed for the era of big data, INDATA’s iPM Epic system was selected over competing systems because of the strength of its portfolio modelling, reconciliation and compliance capabilities, especially the system’s ability to capture a complete audit trail of all investment and operational events.
As a front-to-back office client, Palo Capital will be using the iPM Epic system on a fully integrated basis for a range of functions including portfolio accounting, performance, reporting, billing, automated reconciliation, portfolio modelling, trade order management and fully integrated compliance (pre-trade, post-trade, and real-time).
“Investment firms are increasingly not only looking to streamline their investment processes, but also their data management capabilities, and with a multitude of different regulatory bodies and jurisdictions around the world all requiring different information, it is also becoming essential to have a system which can harmonize data flows both internally and externally,” says David J Csiki, President, INDATA. “Our iPM Epic solution will help provide a streamlined process to Palo Capital and we are pleased to have been selected as their enterprise investment management system.”
