• Gryphon has selected Linedata Mfact as its fund accounting and fund administration solution to improve overall operational efficiency
• Linedata Mfact provides Gryphon with an integrated platform for portfolio and fund accounting, NAV calculation, compliance and reporting
Paris, New York, Boston, London, Luxembourg, Hong Kong, May 10, 2023 – Linedata, (Euronext Paris: LIN), a global provider of asset management and credit technology data and services, announced today that Gryphon Fund Group (Gryphon), a leading fund administration firm servicing both registered and private investment companies, has selected Linedata Mfact to streamline fund accounting, NAV calculation and reporting processes onto a single global platform.
With Linedata Mfact, Gryphon’s fund administration operations now benefit from modern, scalable and customizable technology, unlocking greater efficiency and accuracy in its execution of standard back-office activities. With more streamlined operations and automated reporting enabled through the platform, Gryphon is providing their clients a more comprehensive and seamless fund administration experience.
“Client service has been a top priority during our growth journey,” said Gordy Jones, President and Chief Revenue Officer at Gryphon. “We are always asking ourselves ‘how can we be better?’, and Linedata Mfact has enabled us to simplify a number of our back-office operations and integrate the daily workflow with other reporting requirements seamlessly allowing our team of accounting experts to focus on our clients’ technical matters rather than simply processing client data.
Linedata Mfact is a powerful fund accounting and reporting solution used by asset managers and fund administrators, designed to provide real-time, accurate data to support better decision making. With Linedata Mfact software, Gryphon automates workflow and manual processes from data input to final NAV production. This includes striking NAVs with 100% accuracy by leveraging Linedata Mfact’s automated capabilities and increasing efficiencies with Mfact’s scheduler functions.
"In today’s macroeconomic environment, integrating intelligent software into your operations is a necessity to maintain a strong competitive edge,” said Bob Moitoso, Head of Asset Management North America at Linedata. “Gryphon understands the role technology plays to deliver faster, accurate results, positioning them as clear innovative leaders in the industry.”
Linedata Mfact delivers a scalable and reliable fund accounting solution that all fund types can benefit from, including multi-currency share classes, manager-level NAVs, and traditional and alternative funds. Linedata Mfact is just one component of Linedata’s front-to-back offerings and solutions across the greater asset management and credit communities.
To learn more about Linedata Mfact and other products, please visit our website:
ABOUT GRYPHON FUND GROUP
Gryphon is a Cleveland, OH based Fund Administration firm, servicing both registered and private investment companies. Servicing more than 75 funds with over $6 billion in assets under administration, Gryphon's client base includes Mutual Funds, Venture Capital Funds, Private Equity Funds, and Hedge Funds.
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.