PARIS, BOSTON, HONG KONG, LONDON, December 10, 2014 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that it has been recognized for the ‘Best Disruptive Technology’ in Global Custodian’s Awards for Excellence North America 2014. With these awards, Global Custodian aims to recognize the firms that are bringing real innovation along the entire investment value chain, from prime brokers to asset managers, custodians and administrators.
Linedata received the ‘Best Disruptive Technology’ award for its innovative approach to providing software and solutions to help investment managers run their business. “The award is for the holistic value proposition offered by Linedata from pre to post trade,” explains Janet Du Chenne, Managing Editor of Global Custodian. “We consider it disruptive in the same way that STP was disruptive when it was launched to replace a lot of manual processes in the post trade landscape. Linedata’s technology suite combined traverses the pre- to post- trade landscape and serves to replace a lot of in-house technologies that the buy side can no longer afford to keep investing in and are therefore partnering with vendors such as Linedata for that technology.”
“Linedata is delighted to have been recognized in the Global Custodian Awards for Excellence 2014, and especially for the Disruptive Technology category,” explained Anvaraly Jiva, Founder and CEO of Linedata. “Innovation is at the heart of our strategic approach. We build close relationships with our clients and the market as a whole so as to understand their challenges and we focus on technological advances which will truly benefit the financial services industry. This approach, coupled with a sustained investment in our products and services, means that we can offer modular platforms which may depart from traditional offerings but which perfectly fit the strategy, operating model and workflows of our clients.”
Linedata offers an end-to-end platform for the investment management industry, whether they are active in the traditional or the alternative market, or, as is increasingly the case, both. Linedata’s platform is constantly being updated so as to support investment managers who want to focus on their core business, working with a small number of trusted partners, and accessing services in ways that make sense to their business. Linedata has recently launched two new services which fit this profile – Linedata Disclosure Manager, a web portal for managing disclosures and Linedata Optima, a BPM tool for fund administration.”
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1000 employees in 15 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.