PARIS and BOSTON, September 21, 2011 – Linedata (NYSE Euronext: LIN), the global leader for investment management and credit technology, today announced that New York-based Davis Selected Advisers, a premier investment manager serving individual and institutional investors worldwide, has chosen Linedata. Davis Selected Advisers will use Linedata Longview, Linedata’s order management system, to automate and support the needs of portfolio managers.
Davis Selected Advisers chose the award-winning system for its rich functionality, including pre-trade compliance, global connectivity, portfolio rebalancing and audit trails. Offering a strong front office platform with world class broker connectivity, Linedata Longview allows Davis Selected Advisers to connect with whom they want, when they want. “A primary reason for choosing Linedata Longview is Linedata’s pure broker neutrality”, said Anthony Frazia, JD, CRCP, Co-Chief Compliance Officer of Davis Selected Advisers. Linedata Longview’s open architecture ensures that this industry-leading functionality will serve Davis Selected Advisers well now, and as the firm grows, the scalability will help them as they service additional clients.
“Firms like Davis Selected Advisers require automated and integrated tools to give them greater controls and flexibility in portfolio management,” said Annie Morris, Managing Director of Linedata North America. “As a trusted advisor to our clients, Linedata is pleased to provide Davis Selected Advisers with the global solutions needed for their continued success. Our experience of working with over 450 buy side firms including asset managers, pension and mutual funds, private wealth managers and third-party administrators allows us to share with them a broad range of expertise around best practices and efficient use of technology.”
ABOUT DAVIS SELECTED ADVISERS, L.P.
Davis Selected Advisers is an independent, employee-owned investment management firm, serving institutional and individual investors worldwide. For more information, visit Davis at www.DavisAdvisors.com.
Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 800 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 20 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.
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