Linedata announces unparalleled middle office efficiency for hedge funds

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Latest version of Linedata Beauchamp enhances workflows for corporate actions, stock loans and swap financing

PARIS, LONDON, NEW YORK, HONG KONG, July 9, 2012 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced the availability of the latest version of the award-winning Linedata Beauchamp portfolio management system. This new version focuses on improving efficiency and automation for clients’ middle office operations. Features of the new version include enhancements to workflow for corporate actions, stock loans, CDS, swap financing and more.

Hedge funds around the globe aim to leverage technology in order to enhance performance, keep costs down and secure future growth. Linedata Beauchamp addresses these needs in its latest version through continued enhancements to its new GUI and to the core functionality.

These developments are significant as hedge funds seek to improve middle office functionality in the light of increased regulatory demands, increased numbers of counterparties, custodial relationships and investor tracking. At the same time, with margins squeezed, it is essential to keep overheads under control.

“With tighter margins and increasing costs, we know that our hedge fund clients are always seeking out efficiencies and want to focus their resources where they matter most. The latest enhancements to Linedata Beauchamp deliver a more streamlined middle office infrastructure, with a focus on developments which save on time and resources,” comments Ed Gouldstone, Head of Hedge Fund Product Strategy for Linedata. “We are committed to continuous innovation in both the business functionality and the technology of our hedge fund platform. The strong data visualization tools in the new version of Linedata Beauchamp, together with enhanced middle office workflows, deliver greater automation, efficiency, better transparency than ever and a competitive edge to our clients,” he concludes.

Harnessing the power of the underlying database, latest innovations include an interactive calendar for managing corporate actions and one screen which unifies all stock loans, resettable with a single mouse click. P&L management has always been one of Linedata Beauchamp’s strengths, and the new version improves automation of tracking position level financing costs so that P&L can be fully attributed down to the individual investment level. The granularity of data, both real-time and historical, is unparalleled.

Linedata Beauchamp forms part of Linedata’s comprehensive, modular front-to-back hedge fund platform which is available either deployed or as a fully hosted solution.

ABOUT LINEDATA

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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 setup 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 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, subsidiaries of banks or independents, and administrators.

For more information, please contact:

Linedata
Liz Fidler, Marketing Manager, Alternative investments
Tel: +44 207 469 8725
liz.fidler@uk.linedata.com