Linedata Global Hedge selected by FOUR Capital Partners for trading, order management & compliance capabilities

Download PDF

PARIS, LONDON, NEW YORK, HONG KONG, January 22, 2014 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that boutique asset management house FOUR Capital Partners Limited (FOUR) has chosen Linedata to support the growth of its business. An existing client of Linedata’s Global Hedge Portfolio Manager, FOUR has now additionally contracted for Linedata Global Hedge trading, order management, and compliance modules, to complete a full front-to-middle office solution. FOUR has selected Linedata Hosting to manage the software.

Established in 2006 as a long-only equity UK house based in London, FOUR has has grown to £1.4 billion AUM with global coverage across a number of equity and alternative funds. As the business grew, FOUR’s team put a plan in place to move from spreadsheets to a full order management and compliance system to work alongside their existing Linedata portfolio management solution. The firm examined a wide range of solutions before selecting the Linedata Global Hedge order management and compliance modules. Valerie Evans, Head of Operations at FOUR, explains: “Although we looked at a number of systems, Linedata’s experience in order management and compliance plus the existing interface between these products and our Linedata Portfolio Management Solution was a key factor. We knew that Linedata had spent time and money getting this interface right. The entire solution will be hosted by Linedata, which was an important consideration, as we are a boutique outfit and, whilst we absolutely must have disaster recovery, and regular updates to our software, we prefer to outsource so that we can focus on our core business.”

Linedata’s Global Hedge trading and order management module is up and running already and we see immediate benefits”, said Valerie. “We will make immediate resource savings with Linedata Global Hedge; automation will mean that our portfolio management team spends less time on pre-trade compliance and on rebalancing our portfolios. It’s an efficient and cost-effective solution. Additionally we expect the compliance module functionality that assists with UCITS rules and client-specific rules for segregated funds to minimize the risk to our business.”

“We are delighted that FOUR has chosen to extend their relationship with Linedata,” said Gary Brackenridge, Linedata’s Global Head of Hedge Funds. This is typical of an industry trend we are seeing in the market for scalable technology that provides a seamless workflow experience from front to back office. There is also a move towards avoiding the overhead of a full-blown in-house solution. Linedata Global Hedge is particularly well-placed to meet this need as it is a platform with a full range of solutions and services from which clients can choose without having to commit to huge technology and human resource investment. Linedata is committed to providing the expertise that our clients need, in the way that they need it. Linedata Global Hedge includes trading, order management, portfolio management, compliance, reporting, and investor accounting.”

ABOUT FOUR CAPITAL PARTNERS LIMITED

FOUR Capital Partners Limited was set up in 2006 as a UK equity specialist by its founding partners: Tom Carroll, Derrick Dunne, Chris Rodgers and Ted Williams. In 2009, FOUR established its European equity team under the leadership of Dino Fuschillo and in 2010 set up its Global equity team under the leadership of Colin McQueen. In January 2013, FOUR launched its first Multi-Strategy capability under the leadership of Mike Pinggera. FOUR has a high level of employee ownership and has the support of the Sanlam Group, a US$10bn financial services company. FOUR’s boutique culture creates a dynamic working environment, and this, together with our distinctive investment processes, enables us to deliver superior investment returns for our clients.

ABOUT LINEDATA

Linedata is a global solutions provider dedicated to the investment management and credit communities, with close to 1000 employees in 16 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and 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.

For more information, please contact:

Linedata
Gillian McKinlay, Global Product Marketing Manager – Alternatives

Tel: +44 (0) 207 469 8727
Email: gillian.mckinlay@ne.linedata.com