London, 22 May 2006 - Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced the launch of LongView ASP, a unique and complete solution in the front office for fund managers, delivered through an Application Service Provider (ASP) environment. Linedata Services is continually looking to enhance its product offerings, and has over 20 years experience offering solutions through an ASP model.
A complete package, LongView ASP brings together sophisticated technology and market leading functionality for portfolio management and trading for all asset types, pre and post trade compliance management, including comprehensive regulatory and standard rule libraries, as well as connectivity and certified interfaces to liquidity sources for Equity, Fixed Income and FX.
LongView ASP uses the newly released versions of LongView Trading and Linedata Compliance with significantly extended functionality, including specific developments for the management of hedge funds or hedge fund strategies.
Habib Aouad, Executive Vice President, Europe for Linedata Services, commented, “There are three key themes in the market: a growing demand for ASP solutions, a growing trend for electronic trading and ever increasing overheads of regulatory compliance and corporate risk management. LongView ASP has been created as a complete package to meet all these needs.”
He continued, “It is critical that the functionality of a solution should not be compromised by its delivery method, and LongView ASP is proof that an advanced and affordable system is achievable, regardless of the size of client. We have already successfully implemented the solution at a number of client sites.”
LongView ASP is the solution for any investment firm who wants to reduce their IT overheads without losing control of their business.