Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced the launch of Linedata Global Hedge, a platform supporting the full investment lifecycle for hedge funds and alternative investment managers.
Linedata Global Hedge covers trading and order management, through portfolio, risk and compliance management and middle office to investor accounting and reporting. It is available as single functional modules or multiple modules, is sufficiently scalable to handle the largest and most complex hedge fund requirements and is available as either deployed or as a hosted solution.
The hedge fund industry is maturing and is adopting a more institutional approach to achieving transparency, improving reporting and managing risk, as demanded by investors and regulators alike. Hedge funds are under pressure not only to deliver performance, but also to demonstrate control. There are cost implications for this, at a time when margins are already squeezed and hedge funds are looking for efficiencies. Linedata Global Hedge has been designed with these challenges in mind.
Linedata Global Hedge comprises the company's proven alternative solutions, together with expert services from Linedata's experienced hedge fund team plus established connectivity to a wide range of prime brokers, administrators and other third parties. Linedata Global Hedge addresses a wide range of hedge fund needs. Suitable for the increasingly diverse range of strategies deployed by hedge funds, it covers instrument types from equities to a broad set of derivatives and beyond, meets the functional requirements of the full investment lifecycle and is available in any geographic location. It enables hedge funds to select the functionality and services needed today and to add further elements as required. Thus hedge funds can expand or diversify their operations without having to be concerned about technology limitations.
"We know from our existing client base of 200+ hedge funds that there has been a shift towards a more collaborative approach with technology partners in order to achieve the dual aims of enhanced performance and improved efficiencies," explained Mike de Verteuil, Linedata's Business Development Director. "With Linedata Global Hedge we are offering a proven platform from an established vendor with a track record in this market: we have many clients today who already use various combinations of our alternative investment offering. The comprehensive nature of Linedata Global Hedge is unique, as is our extremely flexible, component-based approach, enabling the hedge fund to customize the offering to best support their business while enjoying operational and cost efficiencies and the choice of a managed solution to control overheads and IT resources if required."