Linedata upgrades Longview for Asset Managers

Source: Linedata

Linedata (NYSE Euronext: LIN), provider of global solutions to the investment management and credit finance industries, today released a major new version of Linedata Longview for Asset Managers, raising the standard in front-office workflow, compliance and risk management.

The award winning platform for global asset managers offers a unique, integrated global approach to portfolio management, trading and compliance, this latest release provides enhanced portfolio management tools and workflows, expanded execution management tools and analytics, streamlined allocation tools and advanced compliance monitoring.

As firms look to the future, they are focused on growing their client base and increasing their assets under management, while continuing to gain operational efficiencies, reduce costs and respond to a challenging regulatory landscape. In order to remain competitive, firms need to leverage technology to equip their portfolio managers, traders and compliance officers with the tools they need to grow their business. As a result, there has been a paradigm shift in two key areas. Once the norm, asset class specific solutions are falling prey to the increasing trend to a single multi-asset class trading platform. The buy side is also changing the way it views technology solution providers. Now regarded as trusted partners, clients are requiring additional managed services which allow them to focus on their core competencies.

Linedata Longview for Asset Managers provides enhanced multi-asset exposure based portfolio management capabilities for asset managers and improved support for asset allocation management which further simplifies decision making for portfolio managers. Traders will benefit from expanded alerts functionality, such as arrivals, VWAP and close, as well as viewing multi-day execution history. New placement protection checks empower users to set predefined limits based on price, quantity, market value and other parameters measured against both individual and firm wide thresholds.

In order to address and comply with countless regulations, the fully integrated compliance engines offers best in class rule coverage along with maker/checker functionality for rule management which will require four eyes review before new or modified rules become effective. A new compliance module offering 'as-of' compliance allows clients to store historical data and run post-trade investment compliance for any selected effective date recreating that portfolio situation at that point in time. Expanded pre-trade compliance API allows for easy integration across platforms to provide a comprehensive and consolidated view of compliance events.

"As clients look at their overall business and identify how they will drive their growth in the future it is essential that we remain committed to providing this integrated and comprehensive Linedata Longview for Asset Managers platform to reduce costs and operational risk. Our solution, coupled with our services offerings, including Linedata Disclosure Services, positions our clients for their continued success," comments Bob Proctor, Vice President of Front & Middle Office Asset Management Products at Linedata. "Our product strategy is to continually innovate and expand our offering so that the buy side receives the results they need to support their future endeavors. We continue to stay ahead of the curve with unrivalled client service and hosting capabilities, while remaining a preferred technology partner to our clients."

Linedata Longview for Asset Managers offers a full front and middle office solution to meet the needs of institutional and alternative firms. The offering is fully multi-currency, multi-asset and is flexible enough to be deployed at some of the largest and most complex institutions in the world as well as smaller firms. It offers the flexibility and scalability to grow with your business and is offered in both a hosted or deployed environment. 

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