BOSTON – July 29, 2004 – Linedata Services, a leading global technology solutions company announces that Trusco Capital Management is live on LongView Trading, the industry’s premium global, multi-asset class order management system. LongView Trading provides automated portfolio modeling, electronic trading, and compliance monitoring.
The rollout to Trusco Capital Management is the first phase of a larger project that will include the Personal Asset Management group. With the completion of this first phase, Trusco Capital Management is now leveraging LongView Trading across their 6 regional offices. Today, over 60 users are able to orchestrate trades and compliance monitoring faster and more efficiently. The successful and timely implementation has enabled Trusco to quickly reap the benefits of LongView Trading’s technology and scalability.
“Through the hard work of many in our organization and at Linedata, the implementation of LongView Trading was rolled out on schedule. The new system has allowed us to streamline our trading processes, enhance our compliance and quality control abilities, and significantly reduce the order generation burden on our Portfolio Managers,” said Adam Stewart, head of equity trading, Trusco Capital Management. “LongView’s middle tier technology has provided us with a much improved and more efficient environment and workflow, enabling us to better serve our customers.”
“The implementation of LongView has consolidated the use of several systems to a single robust system and improved workflow efficiencies”, said Jack Wiener, COO, Linedata Services, Inc. “It is always our objective to ensure that our clients gain true business value and efficiencies through our products. We are delighted to add Trusco to our list of top-tier institutional investor clients, and we look forward to our continued collaboration.”