Paris, London, New York, Hong Kong, November 15, 2023 – Linedata, (Euronext Paris: LIN), a global provider of asset management and credit technology and data services is proud to announce that Mondrian Investment Partners, a London based global investment manager, is upgrading its existing Linedata software suite to harness the comprehensive advantages of Linedata Asset Management Platform’s (‘AMP’) cloud-native software modules and modern APIs. This strategic partnership with Mondrian is designed to take advantage of AMP’s modern architecture, allowing a progressive move of its business applications away from ‘on-premises’ to ‘Software as a Service (‘SaaS’)’.
Mondrian has partnered with Linedata for over twenty-five years; starting with Longview Order Management and then expanding to implement Linedata Compliance. Now, they've broadened their suite of solutions further by adopting the AMP Platform, which will allow future adoption of modules such as AMP APIs, Accumen, Exception Manager and Model Management. This upgrade signifies a pivotal step in Mondrian's operational strategy, leveraging AMP’s 'access anywhere' functionality and configurable design supporting Mondrian’s adoption of data virtualisation technology, thereby allowing easy integration of APIs to deliver data.
Linedata's extensible and high-performance AMP Platform resonates with the dynamic needs of asset managers like Mondrian, specifically targeting challenges such as inefficient workflows and transparent portfolio management tools. The transition accords Mondrian early access to a continuous influx of innovative capabilities; significantly enhancing portfolio and order management, compliance exception management and API-connected data and applications.
"The Mondrian team is excited at the prospect of onboarding new technologies like AMP that underpin core software, such as the Linedata Order Management System," said Warren Shirvell, COO of Mondrian Investment Partners. "AMP APIs will help us to separate Longview data from our other systems as well as providing access to core functionality, which we can incorporate into our in-house software. Additionally, AMP allows delivery of new features and capabilities to Longview via the SaaS approach without the need for a core upgrade, making the testing and implementation of these changes quicker and less risky".
Aldric Dupaïs, Head of Asset Management Northern Europe at Linedata, commented, "This marks a significant milestone in our long-standing partnership with Mondrian Investment Partners. Their renewed trust in our technology underscores our mutual commitment to innovation, laying the groundwork for unprecedented growth and success."
ABOUT MONDRIAN
Mondrian is an employee-owned investment management firm with offices in London, Philadelphia and Singapore. We are value investors across the globe in both equity and fixed income asset classes. Founded in 1990, we have employed a rigorous fundamental research process that is the foundation of our success. Mondrian’s well-resourced investment team manages assets on behalf of approximately 250 institutional clients.
ABOUT LINEDATA
With 25 years’ experience and 700 clients in 50 countries, Linedata’s 1100 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels.
Headquartered in France, Linedata achieved revenues of EUR 172.7 million in 2022 and is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP. linedata.com