Pzena Investment Management, a self-described value-oriented investment management firm, is upgrading its systems from vendor INDATA whose new data aggregation support will boost Pzena’s reporting capabilities across platforms, officials say. The key business requirement was to find a way to integrate external and internal data, including large quantities of data. “Among the business challenges was… Read More >>
FTF News Prediction #1 for 2013: A Major Recs Revival Gets Underway
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring. The digital… Read More >>
Case Study: Wading Into Recs Automation
Evan Fire says he didn’t rush into a new reconciliation platform when the New York-based Pzena Investment Management transitioned from a manual system to automation in 2004. Fire, who is the operations and administration manager and principal for the firm, says he took a deliberately methodical approach. The go-slow strategy was necessary because the equities-only,… Read More >>