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Linedata Innovations Deliver Enriched Functionality to the Transfer Agency Market

Boosting Linedata Mshare Private Equity functionality and introducing new US tax cost basis reporting module

PARIS, BOSTON, NEW YORK, LONDON, HONG KONG, December 7, 2015 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced version 10.8 of transfer agency solution Linedata Mshare, delivering enhanced Private Equity functionality, new Cost Basis capabilities and updates to the Allocations module. Linedata Mshare forms a key part of the Linedata Admin Edge platform, an end-to-end fund administration solution for alternative, traditional and liquid alts funds.

As fund administrators increasingly look to gain further business from existing clients and to engage new business, using one technology platform to administer different types of fund is highly effective in terms of cost and resources. The enriched Private Equity functionality now available in Linedata Mshare 10.8 enables Linedata clients to offer a wider range of services without having to cope with the demands of additional software. New in this release is distribution waterfall functionality, required when a Private Equity fund liquidates its underlying holdings in order to distribute the fund’s assets. Also included is Private Equity recallable capital calls, which give the ability to recall capital in the event a capital call was overinvested.

This latest version of Linedata Mshare also includes an automated solution for cost basis tax reporting for US clients. This new module will calculate the adjusted cost basis for covered and uncovered mutual funds, using a default tax lot accounting method or the elected Cost Basis Method Election provided which includes FIFO, LIFO, Specific, LOFO, HIFO, Average Single Category, Average Double Category and LGUT. The cost basis reporting solution also adjusts mutual fund data for any corporate actions, including name changes, splits, mergers, dividends and capital gains reinvested, and tracks and reports on wash sales. This module is supplied by cost basis calculation specialists NetWorth Services, Inc.

There are also several enhancements around the partnership performance fee side to facilitate specific partnership agreements such as transfer of beneficial ownership. As the transfer agency component of Linedata Admin Edge, Linedata Mshare, with its private equity and shareholder accounting capabilities, is well placed to deal with a wide variety of instruments and fund types, and with complex fund structures such as partnerships.

“These latest developments ensure that Linedata Mshare remains the transfer agency solution of choice for any firm addressing alternative, traditional, liquid alts or complex fund structures,” says Justin Hayes, Product Manager at Linedata. “Linedata continues to invest in its back office products to ensure that our clients can rely on us to meet their administration system needs, in terms of automation, functionality, scalability, regulatory updates and new instrument coverage. These new developments will enable our clients to expand their administration offering.”


Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1000 employees in 16 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 158.0 million in 2014. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.

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Learn more about Linedata Mshare

For more information, please contact:
Elaine Mullan
Global Marketing Manager - Fund Services
Tel: +44 20 7469 8728