INDATA, a provider of software solutions for buy-side firms, yesterday announced that Horizon Investment Services has selected its investment management system (IMS) for trade order management, portfolio accounting and performance measurement for its front-to-back office needs.
INDATA IMS consists of functional modules for portfolio management and reporting, pre- and post-trade compliance, trade order management, and performance measurement and attribution, says the firm. Implementation of the system provides buy-side firms with STP and enterprise integration.