HONG KONG and PARIS, February 25, 2013 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced its Linedata Front Office Platform has been chosen as the Best Integrated Front Office Platform by Asia Asset Management Awards 2012.
Designed to identify Asia’s finest performers from financial services companies and institutional investors to service providers, the award recognizes Linedata for its unique, integrated global application and its support for portfolio management, trading and compliance. The award recognizes firms whose influence and excellence have made their mark on the industry and have led the way in innovation, service to clients, best practices and overall expertise in their field.
As the asset management industry landscape in Asia continues to change, firms are diversifying, moving into new markets and expanding instrument coverage in order to differentiate themselves. Support for trading and automation for security types beyond equities is a competitive requirement. With markets converging and firms facing greater demand for cost reduction, having a robust and consolidated technology platform allows them to quickly respond to changing regulatory and market needs.
“We are pleased to be recognized by Asia Asset Management for our innovation and influence in the industry,” comments Anvaraly Jiva, founder and CEO of Linedata. “Linedata has worked with clients in Asia for 10 years and remains committed to supporting the buy side community with our 60 clients across this region. Linedata Front Office Platform is well positioned to support the buy side industry through this transition by providing the most effective tools to automate and consolidate the front office.”
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 144 million in 2012. This company is listed on Euronext Paris FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
Linedata’s institutional and alternative solutions are used by asset management firms across the globe, from start-ups to the world’s largest asset managers and most recognized industry innovators. Linedata offers trading, order and execution management, portfolio management, compliance, fund accounting, transfer agency and reporting as well as a wide range of service solutions for institutional and alternative asset managers, custodians and administrators.
For more information, please contact:
Karen M. Hays