Old Mutual's US arm takes Indata ASP

Vincent Manning, vice-president of investment operations at Old Mutual, explains that the Indata deal provides the holding company's managers the Indata hosted system as a choice, but he expects the platform to be a better fit for some managers than others.

"Old Mutual's US arm is a holding company with asset management and insurance business lines," Manning says. "On the asset management side we have 20 boutique investment managers, and what we've done is partner with Indata to offer them th