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Linedata recognized as “Best Integrated Front Office Platform” by Asia Asset Management

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced its Linedata Front Office Platform has been chosen as the Best Integrated Front Office Platform by Asia Asset Management Awards 2012.

Designed to identify Asia’s finest performers from financial services companies and institutional investors to service providers, the award recognizes Linedata for its unique, integrated global application and its support for portfolio management, trading and compliance. The award recognizes firms whose influence and excellence have made their mark on the industry and have led the way in innovation, service to clients, best practices and overall expertise in their field.

As the asset management industry landscape in Asia continues to change, firms are diversifying, moving into new markets and expanding instrument coverage in order to differentiate themselves. Support for trading and automation for security types beyond equities is a competitive requirement. With markets converging and firms facing greater demand for cost reduction, having a robust and consolidated technology platform allows them to quickly respond to changing regulatory and market needs.

“We are pleased to be recognized by Asia Asset Management for our innovation and influence in the industry,” comments Anvaraly Jiva, founder and CEO of Linedata. “Linedata has worked with clients in Asia for 10 years and remains committed to supporting the buy side community with our 60 clients across this region. Linedata’s Front Office Platform is well positioned to support the buy side industry through this transition by providing the most effective tools to automate and consolidate the front office.”