INDATA, a leading industry provider of SaaS (Software as a Service) for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office announced today that the firm has released its Q3 Guide for leveraging technology to cut costs.
Following on the successful release of its Q2 guide, the guide for Q3 focuses on operational practices that investment firms can review and change to reduce their costs. Among the topics covered include pricing and analytics, reconciliation practices and front office systems.
“When creating the guide for Q3 we found that there were key operational practices that many firms overlooked and that by changing these business practices investment management firms could reduce their costs significantly,” commented, David J. Csiki, managing director, INDATA.
The guide was developed based on INDATA’s experience in working with the buy side firms on their technology and operations initiatives. INDATA’s clients consist of firms with between $50 million and $80 billion in assets under management across asset classes and management styles.