Fund accounting, administration and transfer agency clients benefit from real-time data on the move
PARIS, LONDON, BOSTON, HONG KONG, February 26, 2014 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced a significant extension of the capabilities of Linedata Reporting to include mobile access to fund data via smart phone and tablet and secure order entry on tablets for investors away from their desks. This capability is being used by Linedata’s back office clients across North America and Europe today.
Linedata Reporting now enables Linedata’s fund accounting, administration and transfer agency clients to provide a secure, mobile reporting and order entry facility for end investors. It caters for a wide variety of mobile devices. The information can be highly tailored to the individual’s needs, and the live reports are badged with the company’s logo and can conform to corporate standards. At the same time, security is ensured by second factor authentication, compliant with existing regulations in specific jurisdictions. Interfacing with Linedata’s robust fund accounting and transfer agency solutions, Linedata Reporting now delivers in-depth, timely information on the go.
Linedata has worked in partnership with key clients to refine this offering, building out secure mobile functionality to deliver a competitive advantage to these customers in North America and Europe; one such client has seen assets under advisement grow by over US $7 Billion in just eighteen months.
“The world today is all about real-time access to the information you need, here and now, and the ability to act on that information regardless of whether you’re at your desk or not,” explains Thierry Soret, Head of Back Office at Linedata. “The enhanced, secure mobile capabilities of Linedata Reporting fulfill this need, while the flexibility of the solution ensures that the information is tailored to the receiver and branded by the provider. As part of our end-to-end fund accounting and transfer agency solution, Linedata Reporting interfaces securely with the underlying data to produce the real-time, tailored information on which end investors can act immediately.”
Linedata is a global solutions provider dedicated to the investment management and credit community, 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 160.3 million in 2013. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
For more information, please contact:
Liz Fidler, Global Product Marketing Manager – Back Office
Tel: +44 207 469 8