INDATA, a leading industry provider of software, technology and services for buy-side firms, today announced that Wright Investors’ Service, Inc., an investment management and advisory firm based in Greenwich, CT with more than $1.3 Billion in AUM, has successfully implemented INDATA’s iPM Epic platform delivered via iPM Cloud. Wright is utilizing INDATA for OMS & front office, portfolio modeling, IBOR, compliance, portfolio accounting, performance, reporting and reconciliation, as well as INDATA’s SA Outsourcing Services.

Wright Investors’ Service, an internationally recognized investment management and financial advisory firm, decided it was time to upgrade its investment management software to a fullyintegrated package that provides strong front office capabilities including portfolio modeling, compliance and OMS, as well as one that would allow them to take advantage of back office outsourcing services. Outsourcing is a growing industry trend as investment firms look to refocus on the business of investing and servicing clients, while simultaneously containing costs and managing growth.

With INDATA’s SA (System Administration) outsourcing, clients can “mix and match” services to provide the best fit for individualized needs. INDATA’s SA allows clients to operate in a “hands free” environment without having to worry about or staff around processing-type functions so that operations and administrative staff can shift their focus to core functions that relate to their business.

“Now that we have implemented INDATA, we have what we feel is a complete package that combines strong functionality and technology that will evolve with our needs as we continue to grow. We also use INDATA’s SA outsourcing services as an extension of our back office operations, with reconciliation services as a key area that INDATA assists us with,” commented Diane Carstensen, Information Technology Manager at Wright. “With INDATA as our front-toback office investment software, technology and services provider, our end users are able to operate more efficiently,” she added.

“We are very pleased to be working with Wright Investors’ Service and look forward to continuing to serve their needs,” commented David J. Csiki, President of INDATA. For more information on INDATA’s product offering, visit www.indataipm.com