Linedata Icon Retail

The Mutual Funds Industry is highly competitive, with complex shareholder administration requirements. The scope is becoming far more pan-European, facilitated by the MiFID and UCITS’ directives.  Organisations are seeking ways to differentiate from each other to avoid commoditisation.

Regulatory change is continual and expensive. Institutions need systems that allow them to comply with regulation in a timely and cost-effective manner.

Linedata Icon Retail, a multi-currency, multi-enterprise shareholder solution

An established market-leading product, Linedata Icon Retail offers a functionally rich solution that satisfies the needs of the most sophisticated financial institutions.

From dealing, registration, settlement, foreign exchange, box management, reporting and compliance to e-commerce, Linedata Icon Retail provides a comprehensive and proven system for the administration of collective investment business.

Linedata Icon Retail‘s ability to manage discrete business enterprises makes it ideal as the core system of a Third Party Administration (TPA) service. The Linedata Icon Retail solution applies whether looking to offer, or contract for, a fully outsourced service.


Linedata Icon Retail offers robust, comprehensive and scalable functionality to administer holdings of collective investment schemes: Unit Trusts, OEICs, SICAVs, ISAs, structured products.

Linedata Icon Retail is proven to handle growing business volumes and data. For example, it has enabled one customer to manage over half a million client accounts and thousands of transactions in Unit Trusts, OEICs and ISAs each day.

Linedata Icon Retail uses XML connectivity combined with the latest database technology to improve performance and maximise STP processing. This achieves greater cost efficiency, leaving you to focus on managing customer relationships and dealing with any exception items. Linedata Icon Retail offers complete end-to-end administration with automated throughput, including direct credit payments via BACS.



  • Launch and Maintain Products, Manage Campaigns, Business Volume Monitoring


  • Multi-currency dealing & settlement
  • Subscriptions, Redemptions, Switches, Transfers, Class Conversions, Mergers


  • Match Cash, Record Payment Failures, BACS Direct Debit / Credit, AUDDIS / ADDACS / ARUDD, Banking Slip, Uncashed Payments


  • Enquiries, Valuations, Registration Details, Commission Calculation /Payment

Manager’s Box

  • Real-Time Deal Volume Analysis, Passive or Active Box Management


  • SDRT Calculation, HMRC Returns, Product Sales Data


  • Income Distribution / Reinvestment, Tax Vouchers, Tax Reclaim


  • Reconcile Bank Statement Information, Financial Feed Data To General Ledger

Maintain Customer Documentation

  • Content Definition and Customisation


  • Control/Authorise Outgoing Cheques and Stationery

Straight-Through Processing



Linedata Icon Retail solutions can be deployed to suit the needs of different organizations. With a variety of options to choose from, customers can select the solution that best meets their requirements.

Linedata Hosting

  • A hosted solution provides cost-effective access to Linedata Icon Retail functionality. Linedata hosts and administers the hardware and IT infrastructure, leaving the customer free to run the system as if it was deployed in-house.
  • Disaster recovery arrangements are included as standard.

Linedata Icon Retail In-House

A fully deployed solution for organisations that already have IT infrastructure in place, and prefer or need the whole system to be located at their own premises.

Complementary Modules

Fund Accounting

A complete back-office investment management, fund accounting, portfolio valuation and fund pricing solution.

Web-based Reporting

A fully integrated solution that gives you a robust reporting package accessible through deployed installation, or the Application Service Provider (ASP) or hosted models. With drag-and-drop report building tools, graphically rich management dashboards, and auditable historical data retention.