New York, NY – December 4th, 2018 – Indus Valley Partners, a provider of technology solutions to the buy side, is proud to announce that it has won for ‘Best Middle-Office Initiative’ at this year’s American Financial Technology Awards. The awards ceremony was held on Monday, December 3rd at Convene West 46th Street in New York.
Hosted by Waters magazine and WatersTechnology.com, the awards recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities. The winner of the ‘Best Middle-Office Initiative’ category is awarded to a firm that has introduced innovation across the functions traditionally associated with the middle office such as risk management and performance measurement, attribution/reporting and compliance over the last 12 months.
Facets such as cognitive, compute and cloud have finally crossed over into the buy side as demonstrated by IVP’s next-generation, digital-first, middle office services platform. Leveraging robots, process automation and machine learning, IVP has built a unique, tech-enabled, highly efficient and scalable platform servicing the middle office needs of alternative and traditional asset managers. By harnessing IVP’s middle office services platform, fund managers are able to digitally unbundle the value chain to drive innovation in a scalable manner independent from FTE allocations. The platform also provides 100% transparency from raw data imports to final processed results. Providing traceability and a full audit to the outsourced function, the platform is supported by the firm’s ongoing investments in building bots, process automation, machine learning and artificial intelligence capabilities.
“Stressors found within a fund’s front, middle and back office processes have become far more amplified as managers have shifted their efforts to cutting costs while simultaneously working to produce alpha. We have found that the middle office in particular is at an inflection point, and those who adopt the proper tools to better assist their efforts will find themselves to be the true winners in the end,” said Gurvinder Singh, CEO of Indus Valley Partners. “It is truly an honor to be recognized at this year’s AFTAs for our top-of-the-line middle office services platform, and we are proud to continue to serve alternative asset managers in this ever-evolving ecosystem.”
About Indus Valley Partners
Founded in 2000, Indus Valley Partners has more than 135 global asset managers and private equity funds among its client base. $1.5 trillion of global hedge fund AUM is managed using IVP technology. Specializing in portfolio management technology for alternative asset managers, IVP provides flexible and modular solutions that can be tailored to the specific requirements of any portfolio or fund. IVP employs 500+ developers, associates and analysts servicing clients globally from offices in New York, San Francisco, Salt Lake City, London, New Delhi, and Mumbai. Learn more about IVP at www.ivp.in.