Financial Technologies Forum

Firm Cites Performance Capabilities and System Integration as Key Factors in Decision

After conducting due diligence on a number of vendor solutions, Harman selected INDATA based on a variety of factors including performance measurement capabilities and level of overall system integration.

“We chose the INDATA system because it accurately and easily handles GIPS compliant gross and net of investment management fee calculations for bundled fee accounts, its comprehensive compliance features, reporting flexibility, and open architecture,” commented Doug Harman, President and Chief Compliance Officer.  “In addition, the fact that the system is completely integrated between front and back office modules creates a number of efficiencies for our firm and positions us for future growth in assets,” he added.

“INDATA has been providing performance measurement since our inception.   As such, we provide our clients with superior functionality over competing platforms,” commented David J. Csiki, Managing Director, INDATA.  “We are very pleased to add Harman Investment Advisors to our fast growing list of clients,” he added.

ABOUT HARMAN INVESTMENT ADVISORS

Harman Investment Advisors Incorporated, located in Chicago, Illinois, is registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940.  The firm offers investment management services to individuals and institutional investors.  Harman Investment Advisors manages one “style” of portfolio: United States domestic equity “separately managed accounts” that are value-oriented, all-capitalization, and concentrated.  Further information, including investment performance for the Core Equity I composite, is available on the firm’s website, www.4Harman.com

ABOUT INDATA®

INDATAÒ is an idustry provider of software solutions for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front to back office. INDATA’s flagship product suite, IMS, utilizes an industry standard relational database platform (MicrosoftÒ SQL ServerÔ 2005) that results in a real-time, modular, and open architecture solution.  IMS consists of functional modules for portfolio management and reporting, pre and post trade compliance, trade order management, performance measurement & attribution, web-enabled CRM, and billing.  Implementation of the system provides buy-side firms with straight-through processing (STP) and enterprise integration.

INDATA has provided the investment community with the most timely and accurate transaction-based portfolio performance analysis products since inception in 1968.  INDATA’s sole interest is to deliver a true technology partnership that clients have been depending on for 40 years.  For more information, please visit www.indataweb.com