It is designed to meet asset managers’ evolving challenges by improving efficiency, product delivery flexibility, data management and automation across the portfolio management lifecycle.

The latest version of Linedata Global Hedge delivers an enhanced user experience for the front-office, including order generation, pre-trade compliance and middle-office operations. Further front-office improvements are multiple enhancements for trading, streamlined workflows, what-if analysis and pre-trade compliance, as well as mobile processing capabilities. Now supporting cryptocurrencies, Linedata Global Hedge enables trading, booking and tracking of Bitcoin (XBT) and related derivatives. Linedata Global Hedge provides direct access to the Linedata Lynx network, allowing FIX trading connectivity with a global list of brokers and partners.

To address the evolving requirements of clients across the global alternative and institutional community, Linedata Global Hedge has introduced Lua Programming scripting to further extend system flexibility for real-time analysis and decision making. Managers use the platform to simplify the process of taking on additional counterparties and launching new products, including additional funds and managed accounts, allowing them to easily work with multiple custodians, prime brokers and swap counterparties, and achieve greater scale in their businesses.

Growing regulatory obligations have led to greater interaction between managers and custodians, and with its new release, Linedata now makes it easier to store and manage the extra level of data required, with improved handling of post-trade interfaces and SSI maintenance. Users will also have access to new data sources with leading contributors, including Thomson Reuters.

Linedata furthered its digital strategy with the launch of Linedata Clarity, its exceptions-based mobile dashboard for portfolio managers. The updated platform facilitates the integration of Linedata’s services and outsourcing solutions, which offers middle office, risk and technology, expertly combining people and process with the Linedata Global Hedge platform.

“Increasing regulation continues to drive dependency on electronic trading, digitisation and real-time reporting - it’s now more important than ever for managers globally to have access to the right data and technology to help them mitigate risks and manage costs,” noted Karen Hui, Global Product Manager at Linedata. “This version of Linedata Global Hedge responds to these evolving challenges and prioritises our clients’ user experience, an important part of our drive to support our clients in staying ahead of the shifting landscape.”