BOSTON â June 17, 2003 â Linedata Services announced today that New York-headquartered wealth manager Bessemer Trust went live on the LongView Trading System, the industryâs first Microsoft .NET based order management system (OMS) for portfolio modeling, trading, and compliance monitoring. Bessemer is now leveraging LongViewâs .NET technology across their 14 regional offices permitting their 200 client account managers to orchestrate trades faster and
"LongViewâs technology platform has provided us with a very fast trading system", said Wei Wang, Vice President, Information Technology at Bessemer. "And the implementation of this technology across our user base has been straight-forward."
"Bessemer going live on LongView validates our technology strategy of providing a very fast, and highly scalable trade order management system to the market", said Jack Wiener, COO, Linedata Services, Inc. "But ultimately, technology is only a means to an end, and knowing that Bessemer is gaining real business value out of our product is key to what LongView is all about."