INDATA, a provider of software, technology and services for buy-side firms, has made functionality enhancements geared towards the MiFID II implementation date of January 2018.

More than 350 changes have been made to the iPM Epic software suite.
 
Numerous User Interface (UI) changes and data aggregation tools have been made to harness data from external systems for complex compliance rule calculation and handling on a more granular level.
 
Streamlined workflows for efficiently capturing and storing internal and external data across the front, middle and back-office have been implemented. The updates provide full reconciliation capability and audit trail resulting in a high level of data integrity which is essential for addressing MiFID II reporting requirements.
 
There have also been OMS enhancements in the areas of FIX, portfolio modelling and other areas related to trading across asset classes.
 
All enhancements are based on the big data technology at the heart of iPM Epic.
 
“At INDATA, much of the work that we have done to prepare our clients for MiFID II involves the sophisticated enterprise-wide data management capabilities based on big data technology that are part of our iPM Epic solution which runs through front-middle and back office,” says David J Csiki (pictured), president of INDATA. “Our clients will not only be thoroughly prepared for MiFID II, they will also gain competitive advantages for their businesses in the process.”