January 27, 2015 - INDATA, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office delivered via iPM Epic– the industry's first investment management platform specifically designed for the era of big data – today announced that Hosking & Co., based in Dublin, Ireland has selected and implemented iPM Epic for their front-to-back office system.
Founded in 2013 by Jeremy Hosking, Hosking & Co.'s business strategy is to manage global equity portfolios with flexible investment guidelines for a limited number of sophisticated institutions worldwide. Hosking & Co. has offices in Dublin and London.
Hosking & Co. performed due diligence on a number of vendors; their key consideration was to have an institutional-class front office OMS and compliance capability on a fully integrated basis, as well as provide a complete IBOR (investment book of record), centralizing data from the firm's counterparties and market data systems onto one platform. Additional considerations included having the latest technology tools so that the firm could fully leverage its investment data and also cloud-based delivery so that the firm's multiple offices could easily access and utilize the system.
"After an extensive review of a number of established vendors, it became clear that INDATA was the best system to meet our requirements," commented Simon Hooper, Chief Operating Officer, Hosking & Co. "Now that we have the iPM Epic system in place we are in a position to effectively manage the firm's growth whilst delivering robust compliance capabilities for our clients," he added.
"We are delighted to have been chosen by Hosking & Co. as their investment management platform," commented David J. Csiki, Managing Director & President of INDATA. "Fast-growing firms like Hosking understand the importance of having the complete range of functionality, as well as the latest technology in place to effectively manage growth, both of which are the foundation of iPM Epic," he added.