Home Newsroom InvestTech and Irion Successfully Pilot IrionDQ to Facilitate the Migration to Advent’s Portfolio Exchange (APX) for Analytic Investors
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InvestTech and Irion Successfully Pilot IrionDQ to Facilitate the Migration to Advent’s Portfolio Exchange (APX) for Analytic Investors

InvestTech

Los Angeles, New York, Toronto, London [January 26, 2011] InvestTech Systems Consulting, Inc., the leading Investment Technology and Investment Operations consulting firm for institutional investment managers, and an Advent Certified consulting partner, completed a mission critical platform migration for Analytic Investors, an institutional asset manager focused on quantitative based investment strategies.

 

InvestTech's Sean Rahbari, a Certified Advent Consultant, assisted in the implementation and explains, "the client's plan called for an accelerated implementation schedule to achieve parallel processing within weeks of the project start date. We suggested the use of IrionDQ, a rapid data integration, data quality platform, to meet Analytic's objectives."

 

Analytic agreed to a twenty-one-day pilot of the IrionDQ framework to build the critical bridges necessary to achieve an accelerated parallel test environment. The framework was completed in seven days and rolled out for use by the Analytic team.

"It was a perfect fit for the IrionDQ solution," Mr. Rahbari continued. "We created a data map between Analytic's current software environment and Advent APX to facilitate the daily processing of transactions, prices and positions. This allowed InvestTech to train the Analytic staff using same-day production data. The staff learned the new Advent APX system quickly and the process allowed the project team to fine tune the daily and periodic workflows in real-time. This resulted in an accelerated conversion and a higher state of readiness prior to the production cutover."

Working closely on this implementation were Analytic Directors Dennis Roy and Mark Arredondo. Mr. Arredondo commented, "InvestTech was able to substantially accelerate adoption of the Advent APX solution and to significantly reduce implementation costs."

Mr. Roy continued, "IrionDQ was a valuable resource and significantly contributed towards the success of our systems conversion. The ability to quickly transfer data between legacy infrastructure and new systems allowed us to rapidly enter a true parallel processing environment. The ease of maintaining this environment provided our staff more time to learn the system in depth and formulate efficient processing, reporting, and reconciliation workflows."

IrionDQ diventa sistema target in Banca Intesa. Nel corso di ottobre-dicembre è avvenuta con successo la migrazione di IrionDQ sulla nuova infrastruttura. Contestualmente è stato installato IrionDQ 3.5 ed è stato fatto un porting sulla nuova release introducendo nei numerosi progetti del cliente alcune funzionalità presenti della nuova versione.

About us

iStock_000011703070XSmallIrion is a recognized player in the data quality and enterprise data management systems market.

Directly or through a number of qualified partners in Italy and abroad, Irion provides complete solutions based on its software framework IrionDQ.

With IrionDQ our clients will be able to take accurate, timely and justifiable business decisions.

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