- Improved trading and order management features driven by increasing trade volumes
- Enhanced reporting tools address European Union and Hong Kong market regulations
- Expanded emerging market debt coverage
- Improved data capture performance
PARIS, BOSTON, NEW YORK, LONDON and HONG KONG, May 16, 2017 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has announced a new version of its market-leading portfolio management system, Linedata Global Hedge, to meet the evolving needs of the global alternative and institutional investment community.
Linedata Global Hedge, a core component of Linedata’s comprehensive asset management platform, provides an intuitive end to end portfolio management solution, offering managers across Europe, North America and Asia the ability to successfully navigate market and regulatory challenges, while achieving operational efficiency. Incorporating client feedback and continuous monitoring of the market, the latest version includes an improved trading and order management module, more specific asset class coverage, increased compliance-related elements around disclosure and reporting and workflow and user experience (UX) enhancements.
Alternative and institutional managers in all regions are seeking enhanced automation and scalability around the trading process to handle increasing trading volumes resulting from market volatility and the evolution of firms through industry growth and consolidation. The new release brings managers the benefit of improved position based order generation, with more flexible allocation preferences and order methods, as well as enhanced data quality in pre-trade compliance checks such as the ability to download current prices at time of trading new instruments.
Linedata Global Hedge has also added to its broad range of features for different asset classes, including enhanced fixed income functionality, as clients continue to seek alternative means of generating income in a low growth environment. Alongside expanded unit traded bond calculations, the new release also provides enhanced support for emerging market bond conventions, addressing greater investor interest in emerging market debt as an asset class.
The enhancements to Linedata’s platform will also ensure that hedge funds and asset managers using derivatives are equipped to comply with increased reporting and disclosure requirements, for example under the European Markets Infrastructure Regulation (EMIR), through improvements to swap schedule management and lifecycle tracking. The new release also extends the ability of clients in Asia to meet changing requirements around short position reporting recently updated by the Securities & Futures Commission of Hong Kong, by automatically flagging those positions requiring disclosure.
Ed Gouldstone, Global Head of Product Management, Asset Management, at Linedata, says: “Today’s global managers face an uphill struggle of handling increasing data volumes in an evolving regulatory landscape and challenging economic environment. Remaining flexible is key for firms to successfully navigate these challenges and thrive. This enhanced version of Linedata Global Hedge expands front office capabilities and reinforces our commitment to providing agile technology solutions and services required to continually meet our clients’ needs.”
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1250 employees in 20 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 166.8 million in 2016. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
Linedata was awarded “Best Technology Provider 2017” by HFM European Hedge Fund Services April 28, 2017.