Sasco replaces SunGard with Indata

FAIRFIELD, CT – Sasco Capital, a long-only equity manager with $3 billion under management, has implemented Indata's Investment Management System (Indata IMS) to replace a SunGard back-office system and add order management system (OMS) capabilities to its front end.

Sasco sought a system providing full front-to-back functionality, and now has access to portfolio modelling, compliance on a pre- and post-trade basis, order management, portfolio accounting, and reporting and billing capabilitie