Linedata answers flexible fund structure need for back office

Linedata Mfact Innovates with Multi-Manager Fund Structure

Download PDF

PARIS, BOSTON and LONDON, July 17, 2012: Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced the latest release of Linedata Mfact, its award winning fund accounting solution for fund administrators, banks and trust companies, mutual funds, hedge funds and pension funds.

As investors further leverage the expertise and experience of multiple managers with various niche investment vehicles to diversify their portfolios and gain consistent investment returns, controls are needed in reporting, compliance and portfolio accounting. To meet these requirements, asset managers and administrators need information that is accurate, timely, consistent and meaningful. It is essential for firms to have the technology infrastructure to provide the various data necessary to comply with new reporting burdens.

Enhanced with a flexible fund structure, Linedata Mfact now offers full multiple manager Portfolio, General Ledger and Net Asset Value reporting in parallel with traditional fund level reporting. This ability to track funds by manager and total portfolio provides the necessary controls for reporting, compliance and accounting at both the consolidated and the manager level.

“Administrators who can efficiently support multi-manager and traditional fund structures have an advantage in the market. As fund sponsors are increasingly utilizing a multi-manager approach, there is greater need to support full multi-manager level Portfolio, GL and NAV reporting” says Gavin Little-Gill, global head of Asset Management product strategy at Linedata. “Administrators need technology platforms that are scalable and automated to support the activity of multiple managers without compromise.”

With over 20 years’ experience providing reliable, accurate and cost-efficient technology, Linedata Mfact helps users achieve operating efficiencies by simplifying workflows and accounting controls. Offering comprehensive instrument coverage, flexible data interfacing, reconciliation and reporting capabilities, Linedata Mfact provides firms with the functionality and tools they require. This new functionality will also be reflected in Linedata’s recently introduced administrator platform, Linedata Admin Edge. Linedata Admin Edge combines the power of key administrator capabilities in one compelling package offering fund accounting, investor administration and income allocations as well as web reporting.

In addition to its multi-manager fund structure, the latest release of Linedata Mfact continues to add enhancements that support our clients’ growth in assets, accounts and fund complexity while improving processing and user workflows that mitigate the need to add additional staff.


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.


For more information, please contact:

Karen M. Hays, Institutional Asset Management, Marketing Manager
TEL: +1 617 912 4766