For the fourth consecutive year Linedata has been presented with a prestigious HFMWeek hedge fund industry best service provider award ‘Best Portfolio Management Service Provider’
PARIS, LONDON, NEW YORK, HONG KONG May 15, 2013 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that it has been awarded a prestigious HFMWeek service provider award for the fourth consecutive year. Linedata won ‘Best Portfolio Management Service Provider’ for Linedata Global Hedge Portfolio Manager, a core component of Linedata’s Global Hedge investment lifecycle platform for hedge funds and alternative investment managers.
The HFMWeek European Fund Services Awards are awarded to the industry’s leading hedge fund service providers in Europe who are recognized as providing outstanding service and support to the European hedge fund industry, outperforming their peers through the volatility of the past 12 months. HFMWeek Judges commented “In a competitive space, Linedata maintains an impressive roster of hedge fund clients. The judges felt that the sophistication of its portfolio management software made it a compelling solution for both mature businesses, as well as start-ups.”
“Winning an HFMWeek best service provider award for the fourth consecutive year honors Linedata’s continuing commitment to remarkable client service and innovation. We continue to expand our services to support our clients as a natural extension of our technology expertise in this complex environment. Linedata remains committed to working as a trusted partner for the hedge fund industry; this award validates our efforts and ensures our clients are positioned for continued excellence, regardless of size, strategy, or location,” commented Anvaraly Jiva, Founder and CEO of Linedata.
Hedge funds staged a strong start to the year, with capital inflows increasing as global financial institutions position for growth and volatility across a diverse range of asset-classes. As a result, many investors are looking to take a more active role in portfolio management, seeking support for multiple strategies and asset-classes, driving demand for greater transparency, and solutions to effectively navigate regulatory challenges. Linedata Global Hedge supports complex strategies and asset classes that improve workflow efficiency, deliver real-time reports on NAV and P&L exposures for transparency, and provide investors and fund managers a rules-based service that meets regulatory challenges across geographies and jurisdictions. Linedata Global Hedge is in use by over 200 of the leading hedge funds.
Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 1000 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 144 million in 2012. This company is listed on Euronext Paris FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
Gillian McKinlay, Global Product Marketing Manager, Alternative Investments
Tel: +44 207 4698 727