LINEDATA SERVICES NAMED THE BEST PORTFOLIO MANAGEMENT SYSTEM IN NORTH AMERICA, BY THE HEDGE FUND JOURNAL
NEW YORK, SEPTEMBER 19, 2008 – Linedata Services (LIN:FP), the leader in award-winning investment software, solutions and services, today announced that its Hedge Fund Solution has been recognized as the “Best Provider of Portfolio Management Systems,” at the 2008 U.S. Hedge Fund Journal Awards.
This award reflects the growing dominance of Linedata Services in the North American hedge fund space during what has been an incredibly productive year across its entire asset management division. With its unique industry partnerships and new product offerings, such as Linedata Risk Analytics, Linedata Services continues to meet the escalating demands of the alternative investment space under the strains of an increasingly volatile and challenging financial market.
Anvaraly Jiva, CEO and Chairman of the Management Board of Linedata Services, said “We are honoured to have been recognized the last two years by the UK Hedge Fund Journal Awards as the Best Portfolio Management System in the European hedge fund space and this same recognition in North America solidifies our outstanding global reputation.”
“We are privileged to be recognized by our peers, our clients and the industry as a whole. With over 280 hedge funds currently on the Beauchamp Hedge Fund Solution platform globally,” said Annie Morris, Managing Director of Linedata Services North America, ”further we have one of the most sophisticated client bases in the world and we must keep pace with its ever increasing requirements for innovation and robust functionality. This award is a testimony to that.”
The premier 2008 U.S. Hedge Fund Journal Awards took place September 18th, at the Guggenheim Museum in NYC. A variety of criteria were used for selecting the winners, including: industry leadership, customer service, competitive pricing and innovative technologies.
Notes to Editors
About Linedata Services
Linedata Services (Bloomberg: LIN:FP) is a global leader for investment software, solutions, and support. Linedata Services combines technological innovation, financial strength, and a deep understanding of the Asset Management and Leasing & Credit Finance. Linedata Services’ Asset Management division provides comprehensive, scalable solutions to the buy-side, to manage the entire investment process from pre-trade to post-settlement. Linedata Services is unique in offering a full front- to back-office solution via enterprise installation, or as an Application Service Provider (“software as services” or “service bureau” delivery), and has more than 20 years experience delivering ASP solutions.
Headquartered in France, Linedata Services achieved revenues of EUR 164.8 million in 2007, has offices worldwide and services more than 800 clients across 50 countries. For more information, visit Linedata Services corporate site at www.linedata.com
About Linedata Services Beauchamp Hedge Fund Solutions
Beauchamp, the hedge fund solutions offering from Linedata Services, has been building, marketing and supporting trading & portfolio management software products for alternative investment managers since 1997. The Beauchamp software suite caters to multi-currency, multi-asset class and multi-strategy investing and spans all stages of the trade life cycle, from electronic trading and order management, through to real-time P&L, portfolio analysis, automated reconciliation and portfolio accounting.
For more information, visit www.ldsam.com