The award recognizes Linedata's cybersecurity services deployed in the United States
Paris, New York, Boston, London and Hong Kong, November 15, 2021 – Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology data and services, received the HFM ‘Best Cybersecurity Firm’ award at the annual Alt Credit US Awards ceremony, on October 27th in New York.
This accolade honors Linedata’s innovative flair for developing and delivering increasingly effective services for alternative fund and asset management firms faced with a growing need to protect their operations due to the rise in cyber threats.
From endpoint threat detection and response to managed cyberthreat services, the Full Service Linedata Threat Management Solution has enabled hedge fund and private credit firms to continue to grow and operate efficiently despite the pandemic-induced increase in cybersecurity threats.
Commenting, Anup Kumar, Global Head of Global Services at Linedata, said: “Despite the marked increase in cybersecurity threats facing the global financial system in the wake of the coronavirus pandemic, the full suite of innovative cybersecurity solutions deployed by Linedata has allowed our clients in the United States to manage this shift in threat landscape, while continuing to deliver a superior level of secure services to their own clients and stakeholders.”
Organized annually by HFM, with a separate event for each region of the world, the Alt Credit Awards celebrate best-in-class services for alternative credit fund managers. Service providers are recognized for their excellence in terms of product and service development and delivery over the previous twelve months.
With 20 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 161.0 million in 2020 and is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP.