INDATA®, a leading industry provider of software, technology and services for buy-side firms, today announced that Denali Advisors, LLC., an independent investment management firm based in San Diego, CA with more than $1 Billion in AUM, has successfully implemented INDATA’s iPM Epic OMS delivered via iPM Cloud.

Denali is utilizing INDATA for Trade Order Management and Electronic Trading via FIX, as well as pre and post-trade compliance as a best-of-class solution in conjunction with their other systems. Denali Advisors, a quantitative-based, institutional investment management firm founded in 2001 and the largest known Native American-owned asset management firm in the country, specializes in U.S. and International Value equities. Denali had been looking for an OMS solution to enhance their trading and compliance processes, with a focus on international trading strategies.

Denali selected INDATA based on a variety of factors including functionality, cloud-based delivery and overall cost of deployment, including implementation. “Now that we have implemented INDATA’s OMS, we are able to create a more efficient trading workflow and also take advantage of INDATA’s compliance functionality, which is important to our investment process and clients,” commented Mike Munson, Senior Vice President, Portfolio Manager and Trading at Denali. “In addition, with INDATA’s cloud-based system we do not have to worry about IT considerations so that we can solely focus on investing, which is in line with our business practices.” he added.

“We are very pleased to have been chosen by Denali Advisors as their OMS provider and we look forward to serving their current and future needs,” commented David J. Csiki, President of INDATA.

For more information on INDATA’s product offering, visit www.indataipm.com