Linedata (Euronext Paris: LIN), a global provider of credit and asset management technology, data and services, announced today that Hong-Kong-based ICBC Asset Management (Global) (ICBC AMG) will implement a range of asset management software solutions to power its growing global fund business.
Linedata’s multi-asset portfolio management solution, combining Linedata Global Hedge and Linedata Mshare, is a core offering of its modular asset management platform focused on scalability, ease of use and operational efficiency. It delivers a range of advances in automation, broad data-capture capabilities, and an intuitive user interface. ICBC AMG is replacing internal systems and adopting Linedata’s solutions and robust reporting to manage custodian interfaces, as well as increased client asset and trade flow across multiple fund types.
ICBC AMG is implementing enhanced portfolio management capabilities to fuel plans to expand its fund line-up throughout 2018, including equity, fixed income, money markets, derivatives, and private equity offerings.
“We chose Linedata because its leading portfolio management tools, connectivity with multiple third parties, and support for streamlined workflows will allow us to scale our operations while reducing risk, benefiting both ICBC AMG and our clients,” noted Tian Lin, Managing Director and COO, ICBC Asset Management (Global). “Our partnership with Linedata provides our team with a customizable, high performance platform that will give us the power and flexibility to meet our clients’ growing needs.”
“We are thrilled to partner with ICBC AMG,” said Sally Crane, Managing Director at Linedata Asia. “Our dedicated team at Linedata collaborated closely with the ICBC team to deeply understand their business and operational roadmap and ensure that they are well positioned for growth and continued success.”