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Linedata named ‘Best Middle & Back Office solutions provider’ by World Finance

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has been awarded ‘Best Middle and Back Office Solutions Provider’ for Western Europe in the prestigious World Finance Technology Awards.

The World Finance Awards identify industry leaders, individuals, teams and organizations that represent the benchmark of achievement in the business world. They recognize the leading innovative individuals and companies representing best practice for technologies globally.

Linedata is a world leader in middle and back office asset management solutions; its 180 back office clients include seven of the top twenty banks globally. Linedata offers platforms that are multi-instrument, multi-currency, multi-jurisdiction, and which serve a wide variety of organizations, from boutique asset managers to custodians, pension funds to hedge funds, insurance providers to fund administrators. In addition, Linedata Back Office has local expertise with offices across Europe, the Americas and Asia, providing centers of excellence to support its fund accounting and transfer agency clients wherever they are based.

“We are very honored to receive this award from World Finance. Above all, it speaks to the 180 clients who have chosen our middle and back office solutions and who have been by our side on this journey since Linedata was founded,” commented Anvaraly Jiva, Founder and CEO of Linedata. “I’d like to take this opportunity to thank the Linedata teams around the world for their commitment to our clients every single day. Linedata’s continued commitment to our technology platforms enables us to anticipate market conditions for the back office; recent examples include new solutions supporting IBOR (Investment Book of Records), improved data intelligence and broadening our geographic reach to include Asia.”

The World Finance awards panel headed up by Editor Alexander Redcliffe uses a wide range of criteria and the critical eye of a collective 230 years of financial journalism to inform its decision as to the most pertinent categories to include in the Technology Awards 2013 and to establish comprehensive criteria for voters to consider.