PARIS, LONDON, 18 April 2012: Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that it has won a HFMWeek service provider award for the third consecutive year. Named ‘Best Portfolio Management System’ for Linedata Beauchamp, Linedata was the only technology vendor to be shortlisted in four categories: Best Overall Technology Provider; Best Technology for Start-up Funds; Best Portfolio Management Software Provider; and Best Provider of Cloud Computing Services.
The awards are given to firms and solutions which have demonstrated financial progress, growth and genuine innovation across a number of different business areas. Linedata’s comprehensive hedge fund platform covers front-to-back capabilities and deploys integrated, best-of-breed software covering capabilities in trading, order management, compliance, risk and reporting as well as a wide range of connectivity to liquidity providers, prime brokers, administrators and others, delivered either as a hosted or in-house solution. The power of Linedata’s hedge fund platform lies in its flexibility to handle all the complex assets and strategies employed by hedge funds today, and to adapt to every hedge fund’s workflow while at the same time giving funds the ability, in real-time, to manage and report on their NAV, P&L and exposures however they need to. Scalable, robust and cost-effective, Linedata’s hedge fund platform is suitable for any size of fund.
“Hedge funds are constantly striving to do more with less, whilst keeping their main focus on the core business of generating alpha. In this challenging environment, Linedata leverages our extensive knowledge of the sector to help managers, incubators (such as recently-signed The Alpha Cooperative) and hedge fund hotels to stay ahead by delivering a technology platform which meets all alternative investment needs, from front to back office and including a SaaS approach if desired. We are delighted to win ‘Best Portfolio Management System’, and to be shortlisted in a further three categories. It is a powerful endorsement of Linedata’s approach and of the continuing investment in our hedge fund platform to meet the industry’s need for comprehensive, cost-effective solutions,” said Anvaraly Jiva, Founder and CEO of Linedata.
Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 900 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 SaaS 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 137.3 million in 2011. 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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