INDATA ANNOUNCES SOFTWARE RELEASE INTEGRATING GENERATIVE AI CAPABILITIES

More than 300 Enhancements and System Changes Spanning
OMS, Portfolio Accounting/Reporting, Manager/Client Portal
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GREENWICH, Conn., May 13, 2025 /PRNewswire/ -- INDATA, a leading industry provider of cloud-native, SaaS-based solutions for buyside firms, today announced a software release providing enhanced technology, functionality and productivity improvements for clients.

Highlights include:

• All New Generative AI Functionality including INDATA AI Agent for querying data from INDATA's Master Data Model (MDM) using large language models, provides natural language user interface for data requests with the ability to validate results and create formatted output
• New Front Office OMS/Portfolio Management Functionality for Architect AI users to increase productivity for traders, portfolio managers and compliance officers, automated trade settlement features with NYFIX Matching and INDATA billing rebates for NYFIX network clients
• Reporting Pack Functionality for Architect AI Reporting which allows end users to create their own report packs made from multiple standardized system reports, additional embedded data visualizations based on fully integrated Microsoft Power BI
• Additional customization features for iPM Portal including all new dark mode theme, MS Office 365 API integration, "drag & drop" document management, Mobile app improvements available via App Store and Google Play

One INDATA client benefiting from the new release is Dana Investment Advisors, based in Brookfield WI, with $8 Billion in equity and fixed income strategies for institutional as well as high net worth investors. Dana utilizes INDATA's SaaS solutions on a front-to-back-office basis via INDATA's iPM Private Cloud. Dana initially started with INDATA for their OMS needs and then added INDATA's other modules for middle and back office.

"The ability to utilize AI tools is becoming important to our firm from an industry standpoint," commented Mark Mirsberger, CEO of Dana Investment Advisors. "INDATA's AI functionality mirrors our own internal work that we have been doing with AI and validates our approach for having predictable results accompanied by high standards surrounding controls involving data security and data privacy," he added.

"As an early adopter of AI within our SaaS solutions, INDATA's approach has been to release ongoing features only when we feel they are fit for purpose while also making sure that they adhere to the strict standards that our clients have in place surrounding their fiduciary obligations to clients," commented David Csiki, President of INDATA. "We are very excited out our latest software release and look forward to providing clients with productivity improvement while continuing to implement their feedback in the form of ongoing system enhancements," he added.

About INDATA®
INDATA is a leading specialized provider of cloud-native SaaS (Software-as-a-Service), technology and managed outsourcing services for buyside firms, including trade order management (OMS), portfolio management, compliance, portfolio accounting and front-to-back office. INDATA iPM Portfolio Architect AI™ is the industry's first portfolio construction, modeling, rebalancing and reporting tool based on AI, and Machine Learning. INDATA's iPM – Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real-time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors, wealth managers, and hedge funds. The company's mission is to provide clients with cutting edge technology products and services to increase trading and operational efficiency while reducing risk and administrative overhead.

INDATA provides software and services to a variety of buyside clients including asset managers, registered investment advisors, banks and wealth management firms, pension funds and hedge funds. Assets under management range from under $1 billion to more than $100 billion across a variety of asset classes globally. For more information, visit www.indataipm.com

Media Contact:  David Csiki, [email protected]

SOURCE INDATA