Finance Breaking news Indata puts out software release last financial news
Breaking-Finance.Com - Indata, a leading industry provider of software, technology and managed services for buy-side firms, today announced a software release providing enhanced functionality and productivity improvements based on client feedback and industry demand.
Breaking-Finance.Com - Highlights include improved attribution dashboards for portfolio managers based on intraday data, enhanced portfolio modeling & rebalancing capabilities and views, streamlined workflows for trade approval, additional connectivity options and automation with custodian banks, broker supported algos and downstream systems, sophisticated asset class handling for options, currency forwards and other asset classes, as well as numerous changes requested by clients spanning front, middle and back office. In addition to traditional functionality, INDATA utilizes NLP (Natural Language Processing), a subfield of AI, to offer improvements in important areas by automating complex workflows and eliminating keystrokes for portfolio managers, traders, compliance and operations professionals. Whether it is used to rapidly set up new securities or to create more efficient trading scenarios, NLP offers tangible benefits for end users, saving them time while making the system easier to use.
“We are very pleased to announce this software release,” commented David Csiki, President of INDATA. “Collectively, the enhancements we have made offer significant advantages to clients. Whether for existing clients looking to improve their current workflows or for new clients that are replacing existing systems and looking to gain greater efficiency and costs savings by having portfolio management, attribution, trading, compliance and reporting within a single system, INDATA is unique within the industry in that we offer continuous improvement of our software products, all of which are included for clients without the costly upgrade fees found in competing systems,” he added.
Source = Breaking-Finance.ComFinancial breaking news