Linedata upgrades front office trading platform

Source: Linedata

Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced the release of the latest version of its Linedata Front Office Trading Platform.

Meeting all of the advanced trading needs of over 120 institutional and alternative asset managers, the platform offers enhanced portfolio management tools and workflows, expanded execution tools and analytics and streamlined allocation tools.

Combining the power of Linedata Longview and Linedata Trader, the platform provides a unique, integrated global application to support the portfolio management, trading and compliance functions necessary to support the needs of institutional and alternative asset managers. 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.

As firms diversify and move into new markets and expand their instrument coverage, support for trading is a competitive requirement and requires automation for security types beyond equities. Markets continue to converge and there are greater demands for cost reduction. As a result, firms require robust and consolidated OMS and EMS technology platforms to quickly respond to changing regulatory and market needs. The regulatory move to market transparency and central clearing is resulting in major OTC market changes. These changes are widespread and affect every aspect of a firm from order generation to trading and clearing and have a resulting impact on the supporting infrastructure.

To address these increasingly complex market needs, Linedata Front Office Trading Platform is uniquely positioned to support any buy side institution including alternative and institutional asset managers. Traders that want to view and analyze real-time detail of how each broker is executing orders can now do so through the newly introduced execution analyzer. With the ability to look at multi-day views, traders can track how each broker is doing versus a benchmark and see how an execution is progressing. Additionally, a graphical display of real-time top and bottom outliers for over 30 key metrics allows traders to easily identify and focus on problem orders immediately.

"As markets continue to evolve, it is essential that Linedata provide clients intuitive and scalable workflows for executing trading strategies. Our solutions help buy side firms to be more efficient with all their trading tools on one platform," remarks Gavin Little-Gill, Global Head of Asset Management Product Strategy at Linedata. "Our product strategy is to continually expand our instrument coverage and optimize trading experience."

Linedata Front Office Trading Platform now consolidates and manages prime broker holdings as a single portfolio, while simplifying and streamlining order generation and automatic pre-trade compliance. Offering advanced trading tools for the buy side, this newest version offers prime broker allocation rules to enable straight-thru-processing and enhanced fixed income and SWAP workflows. Offering support for 27 swap types, the new workflows in the Linedata Front Office Trading Platform address this evolving market and provide the ability to facilitate and capture the data necessary for downstream reporting requirements. 

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