Integrated Decision Systems (IDS), New York-based portfolio-management software provider, selected Evare, a Burlington, Mass.-based financial technology company, to provide custodian interfaces for its new hosted portfolio-management solution for registered investment advisors, IDS On-Demand. IDS chose Evare for its proven track record of providing superior systems connectivity and information-rationalization services, combined with a high degree of specific business and marketplace knowledge, to global financial institutions. Evare provides links with global financial institutions for acquiring, transforming and delivering detailed, high-quality account and transaction information, critical for the daily reconciliation and portfolio-management activities provided by the IDS On-Demand service. "We download the proprietary files directly from the custodians in whatever consistent electronic formats they prefer, normalize it for IDS and deliver it to their On-Demand service center," said Andrew Rose, senior vice president of new business development at Evare, in the press release.
--Financial Research Hosts Family Office and Hedge Fund Symposiums
Financial Research Associates will host joint events -- The Family Office Symposium and The Hedge Fund Symposium -- April 27 to 29 at The Turnberry Isle Resort in Aventura, Fla.
Targeting family offices, family members, and wealth managers, The Family Office Symposium will include three workshops and presentations from over seventeen family office members. The simultaneous Hedge Fund Symposium will include presentations by institutional investors, consultants, fund of funds and family offices about what's really happening in the hedge fund industry today and what investors are thinking about hedge fund investments. For more information, visit www.frallc.com/family.asp.