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Linedata Services launches Icon Accredited Data Vendor Programme

London, 11 July 2005 - Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced the launch of its Accredited Data Vendor Partner Programme for its complete back-office fund management and administration solution, Icon. This was initiated in response to the increasing demand for multiple data feeds and is designed to offer existing and future Icon customers a choice of data vendors, for example, to facilitate sourcing data for different assets from different vendors or data verification.

Working closely with the leading data vendors, the programme will see 2-way, seamless interfaces being jointly developed to provide Icon customers with greater choice and simple, fast access to multiple data feeds. The programme certifies that the Partner’s Services can interface to Linedata Services’ Icon solution via its Data Integrations Platform (DIP), and requires comprehensive testing by both parties.

Pete Hudson, Head of Product Marketing for Linedata Services (UK) Ltd, commented, "It is now our intention to offer our Icon customers a choice of additional, certified data feeds. The accreditation programme involves ongoing maintenance commitments on our part and also on the part of the data vendors, which will provide both current and future Icon customers with the confidence to further define and meet their future data feed requirements."

Linedata Services expect to announce two certified data vendors within the next few weeks and anticipate further interest over the coming months.