Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that Pugh Capital Management Inc. is implementing Linedata Longview, through Linedata Hosting, for its fixed income capabilities.
Linedata Longview is the comprehensive front office platform comprising portfolio management, trading and pre-trade compliance which will enhance Pugh Capital Management's ability to manage its fixed income securities.
As fixed income investing continues to be on the rise with assets moving from equity funds to fixed income, it is imperative for fixed income asset management firms to have a partner that provides support for straight-through processing and allows ease of connectivity for liquidity. With this continuing market trend, firms such as Pugh Capital Management continue to grow and require technology that is sophisticated and scalable to manage that growth.
Linedata Longview is an award-winning, comprehensive and multi-currency system that supports all major fixed income security types, from mortgages to credit default swaps to repurchase agreements and collateral management. Linedata Longview delivers all the fixed income tools Pugh Capital Management needs in one platform. The platform will allow Pugh Capital Management to facilitate their growth and manage their assets, while automating pre-trade compliance rules checks and providing audit trails.
"We are excited to add strong pre-trade compliance tools to handle various sector, industry, issuer, country, and rating restrictions as both internal and client-imposed risk management objectives have increased in recent years," comments Mary Pugh, CEO and Chief Investment Officer at Pugh Capital Management. "We are confident that Linedata Longview will streamline and enhance our investment processes as well as automate our trading."
"Fixed income portfolio management, trading and compliance are increasing in complexity. Keeping pace with the demands of the 60% of our clients who use our fixed income functionality has been tremendously rewarding," remarks Gavin Little-Gill, acting as Managing Director of Linedata North America. "We are pleased to add Pugh Capital Management to our list of valued clients and look forward to supporting their current and evolving needs."