Linedata Services (Bloomberg: LIN.FP), the leading provider of investment management software solutions, today announced an exclusive strategic partnership with Altaira to incorporate its premier cross-asset risk and analytics system into the Linedata Services product suite.
Linedata Services will market the system under its own brand, Linedata Risk Analytics, as a stand-alone solution or in combination with its other solutions, particularly its Beauchamp hedge fund suite and LongView trading system.
Linedata Risk Analytics provides valuations, analytics and risk management across all asset classes and across all markets for hedge fund and traditional asset managers. Linedata Risk Analytics is particularly strong in the fixed income and credit asset classes, instruments which are more difficult to measure from a valuation and risk perspective.
This move adds key functionality to Linedata's product suite, as the buy-side focuses on managing risk amidst increased market volatility and awareness of risk management. With Linedata Risk Analytics, Linedata Services' Beauchamp clients will have access to advanced analytics and risk management capabilities such as scenario analysis, stress testing, what-if analysis and Monte Carlo simulations.
"With this partnership, Linedata Services strengthens the pre-eminent position of its investment management solutions, particularly in the hedge fund market," said Anvaraly Jiva, CEO and Chairman of Linedata Services.
"Risk management has assumed an even greater importance in the last year as global markets have been stressed," said Blaise F. Labriola, Managing Director of Altaira. "With Altaira's complex analytics and risk-management capabilities, funds now have the ability to measure and monitor the analytics and risk of financial products and portfolios - using any real time data feed."