June 11th, 2008 - INDATAÒ has announced that Harman Investment Advisors, based in Chicago, IL, has selected the INDATA IMS solution to replace their current system from Advent.

Harman Investment Advisors selects Indata for front-to-back office

David J. Csiki, Managing Director, INDATA: “We are very pleased to add Harman Investment Advisors to our fast growing list of clients.”

After conducting due diligence on a number of vendor solutions, Harman selected INDATA based on a variety of factors including performance measurement capabilities and level of overall system integration.

“We chose the INDATA system because it accurately and easily handles GIPS compliant gross and net of investment management fee calculations for bundled fee accounts, its comprehensive compliance features, reporting flexibility, and open architecture,” commented Doug Harman, President and Chief Compliance Officer. “In addition, the fact that the system is completely integrated between front and back office modules creates a number of efficiencies for our firm and positions us for future growth in assets,” he added.

“INDATA has been providing performance measurement since our inception. As such, we provide our clients with superior functionality over competing platforms,” commented David J. Csiki, Managing Director, INDATA. “We are very pleased to add Harman Investment Advisors to our fast growing list of clients,” he added.

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