New front end enriches user experience and meets next generation hedge fund needs
Paris, London, 7 June 2011 – Linedata (NYSE Euronext: LIN), the global leader for the investment management and credit industries, today announced the latest version of Linedata Beauchamp, its award-winning hedge fund portfolio management system. This new release – called Linedata Beauchamp Sigma – delivers a new and intuitive front-end for hedge funds to allow them to manage the increasing complexity of their business and to access and act on key data faster.
Mike de Verteuil, Linedata’s group business development director, said, “The hedge fund market continues to develop, and in this increasingly competitive space, firms are looking to stand out from their competitors. At the same time, hedge funds face pressure from regulators to demonstrate transparency and operational best practices. Our innovations have focused on supporting the differentiation Linedata’s hedge fund clients require while meeting regulatory requirements and inspiring the confidence of investors.”
Linedata Beauchamp Sigma allows hedge fund managers to create highly flexible, custom workspaces that enable them to manage a variety of workflows according to the information they need. It’s easy to use, requires minimal mouse clicks and empowers the business user by reducing reliance on IT support and its associated costs. Underlying it is the same rich, robust Linedata Beauchamp functionality.
Ed Gouldstone, head of hedge fund products for Linedata, said, “Technology needs to work harder for hedge funds and bring competitive advantage. Linedata Beauchamp Sigma provides the operational efficiency that hedge funds require to address regulators’ and investors’ demands. As hedge fund managers move to reduce their vendor footprint and focus on one or two key suppliers, Linedata Beauchamp Sigma builds on our existing world class portfolio management solution, but with a new, ergonomic, intuitive front end. It uses shared technology elements with other products in our front to back hedge fund solution, resulting in a unified look and feel and even tighter integration.”
Linedata Beauchamp is used by over 275 fund managers globally and has won several awards in the past year including Hedgeweek’s for Best Fund Accounting & Reporting System’ and HFMWeek’s Best Portfolio Management System. Linedata Beauchamp is suitable for any size of fund and can form part of a fully integrated front to back offering with Linedata Trader, Linedata Longview order management system, Linedata Compliance and other elements of the Linedata asset management solution including a wide range of connectivity to liquidity providers, prime brokers, administrators and others, delivered either as a hosted or in-house solution.
Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 840 employees across the globe, Linedata is dedicated to the investment management and credit community. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and tailored mission-critical software and services that help its clients grow. As a pioneer for over 10 years with the set up of ASP infrastructure for the financial industry, Linedata has preached and spread this model throughout the global financial community, for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 136.2 million in 2010. This company is listed on Euronext Paris FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
Linedata provides comprehensive front-to-back solutions and services to manage all types of investment processes, from pre-trade to post-settlement, across a wide range of firms, including institutional portfolio and collective management companies, hedge funds, prime brokers, fund managers, transfer agents, corporate savings fund managers, and subsidiaries of banks or independents.
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