Implements INDATA SaaS for Front-to-Back-Office
Investment Management via iPM Private Cloud
Greenwich, CT – April –, 2025 – INDATA, a leading industry provider of cloud-native, SaaS-based investment management solutions for buy-side firms, today announced that Richie Capital Group is live with INDATA’s Software-as-a-Service for Front-to-Back Office via the iPM Cloud platform.
Richie Capital Group is an Austin, Texas-based investment firm specializing in actively managed, high-conviction, public equity portfolios for institutional clients (pensions, foundations, endowments and family offices). Known for their unique approach in identifying undiscovered companies and investment opportunities, the firm delivers differentiated portfolios that outperform while actively managing risk.
Richie Capital uses the INDATA system for a variety of mission-critical functions, including Trade Order Management (OMS), Portfolio Accounting, Performance, Portfolio Management, Compliance, and Reporting. With a modern SaaS-based solution, Richie Capital gains the flexibility and efficiency necessary for continued growth, while benefiting from automated custodial data reconciliation. Prior to selecting INDATA, Richie Capital sought a proven platform that could scale with them as they expand, while keeping them aligned with the latest technological advancements.
“As a growing firm, we required a sophisticated, yet automated solution to keep up with our needs,” said Khadir Richie, Founder and Chief Investment Officer of Richie Capital Group. “INDATA stood out due to its reputation as a mature, proven company that offers a flexible, tech-forward platform to support our institutional workflows. Additionally, we were impressed with the responsiveness of their team and the INDATA platform’s ability to customize for our needs. Using INDATA allows us to streamline and automate our key trading and operational processes, delivering the best results for our clients,” he added.
“Investment firms like Richie Capital Group require sophisticated functionality capable of supporting institutional workflows combined with best-class-tech to deliver automation,” commented David Csiki, President of INDATA. “At INDATA, we combine years of experience servicing sophisticated institutional as well as wealth management clients combined with an advanced, SaaS-based investment management solution that leverages the latest tech tools, including AI and BI Reporting. We are very pleased to welcome Richie Capital to our client community,” he added.
About INDATA®
INDATA is a leading specialized provider of 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
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Media Contact: David Csiki, dave@indataipm.com
