Kennedy Capital Selects INDATA for Trade Order Management
Kennedy Capital Management (KCM), a St. Louis, Mo.-based investment adviser, selected INDATA's Precision Trading system for trade order management and compliance. Precision Trading provides "what if" modeling, pre- and post-trade compliance, trade order management and FIX trading capabilities based on the latest Microsoft technology, such as SQL Server 2000, Report Services and .NET. The system offers more sophisticated functionality in compliance, portfolio modeling and FIX trading, said John Laux, KCM's Head Trader, in a press release. It replaces the firm's current Moxy system from Advent Software.