SKY Investment Group LLC, a Connecticut-based investment advisor which specializes in tax-sensitive core equity and balanced account management for private investors, has gone live with the INDATA I.M.S. system for portfolio modeling, pre- and post-trade compliance, trade order management, portfolio accounting and reporting.

"The INDATA system allows us the ability to seamlessly run our business from end-to-end, from the compliance and OMS standpoint through to back-office accounting and client reporting," said Robert Bingham, president of SKY. "After using Advent at our previous firm, we were looking for a system that could simply do more. We found the flexibility of the INDATA system and its Microsoft SQL Server-driven database far superior to other products. It gives us an immediate competitive advantage by allowing us to manage rapid growth, increase the productivity of our portfolio managers and service our client's varying information needs."

Bailard, Inc., the San Francisco Bay area firm with $1.7 billion in assets under management, has also adopted INDATA.

"When we began our search for a new vendor, it was important for us to have a solution that enhanced our trading and compliance capabilities, as well as a system that was capable of handling our specific accounting, reporting and billing requirements," said Burnie Sparks, president of Bailard. "It was also important for us to have a company who could work with us throughout the conversion process to accommodate the unique functionality and reports that we had used for many years in our previous system. We found the INDATA team to be great to work with, and the flexibility of their system to address our specific requirements has really made the difference in the conversion."

www.bailard.com
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