Linedata unveils its three-year strategic road map
Neuilly-sur-Seine, February 17, 2016 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, presents “Linedata 2018″, the next phase of its RISE enterprise initiative.
Success of RISE
Launched in 2013, RISE aims to improve client satisfaction, modernise Linedata’s solutions and relaunch organic growth.
Three years on, results are highly promising. Initiatives like the interactive client portal, My Linedata, and new tools for tracking and analysing client satisfaction boosted Linedata’s Net Promoter Score (NPS) by 15 points between 2014 and 2015.
An increase of 50 % in R&D investments over the last three years has enabled Linedata to significantly renovate many components in the Linedata product range. This has earned Linedata a string of prestigious awards, including Global Custodian’s “Best Disruptive Technology” award for North America in 2014 and Europe in 2015.
“These initial successes with RISE are highly encouraging. The company returned to organic growth in the second half of 2015 and leading financial institutions continue to put their trust in us, both as new and returning clients. Building on RISE’s success, the Group is launching a new phase of its strategy, designed to make us the global market leader”, says Anvaraly Jiva, founder and CEO of Linedata.
“Linedata 2018″, an ambitious strategy based on product innovation and new streamlined governance
With “Linedata 2018″ the Group continues its transformation, launching a product strategy that represents a paradigm shift: open platforms that enable quick and deep integration of Linedata’s own applications and services with those of its clients and any third party they have chosen to work with.
“Our clients no longer want to be locked into monolithic solutions, or act as systems integrators, implementing an array of disparate components of variable quality. Our strategy leverages new technologies and innovative architectures to integrate best-in-class applications and services – Linedata’s, of course, but also those of our clients and third parties – so that we can deliver comprehensive solutions with exceptionally rich functionality. These platforms will be supplemented by high-value services such as market data, reporting and hosting. They will, in addition, satisfy the requirements of global markets and organisations”, explains Michael de Verteuil, Business Development Director at Linedata.
“Linedata 2018, a new phase in our development, will allow us to create tomorrow’s leading financial technology provider, with a broad range of solutions for large institutions and niche players. We will achieve this by working closely with our clients “, adds Anvaraly Jiva.
To support its strategy Linedata has created a new international governance structure focused on three business lines:
This management team, alongside all our employees, is wholly dedicated to the 63,000 finance professionals who use Linedata solutions every day all over the world and all those who will work with us in the future. “In 2018 Linedata celebrates its 20th anniversary. But the journey is far from over. We are already thinking about 2025″, concludes Anvaraly Jiva.
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 172.3 million in 2015. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
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