LineData announces European asset management wins

LineData announces European asset management wins

Paris-based financial management systems vendor LineData Services has secured new asset management contracts in Europe with Swiss group Vontobel, Generali in Portugal and Switzerland's UBS Global Asset Management.

Swiss asset management firm Vontobel is to roll out LineData's front-office LongView trading system and middle office compliance solution Spice to 70 users. The vendor says the deal is the first combined sale of the LongView and Spice products.

LineData has also announced Portugal's Generali has selected the ASP version of back office system Chorus Institutional for its life and general insurance business.

In addition, UBS Global Asset Management has extended its implementation of the Spice system in Luxembourg to its Swiss mutual fund operations.

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