- Easy, hassle-free electronic trading with a wide variety of global liquidity destinations
Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced the release of the Beauchamp FundManager Desktop, the new front office application which will replace the legacy Beauchamp OrderManager system.
The announcement marks the continued development of Beauchamp, Linedata's software suite targeted specifically at hedge funds.
FundManager Desktop has been designed specifically to reflect hedge fund workflow and provides a significantly enhanced user experience for portfolio managers, traders and operational staff alike.
When combined with the optional Beauchamp FIX Gateway, which is offered complete with the LyNX connectivity management service, FundManager Desktop offers fast, affordable electronic connectivity to a wide variety of executing brokers, algorithmic trading services and third party Execution Management tools and hubs.
FundManager Desktop is available for all new versions of Beauchamp FundManager, and is backward-compatible with FundManager versions 5.1.8 and higher.
Beauchamp FundManager is a highly configurable and scalable trading and portfolio management platform, offering straight-through processing for trading, P&L and portfolio analysis and automated reconciliations with prime brokers and fund administrators. Beauchamp's platform has been installed with over 250 customer firms around the world, each with hedge fund assets under management ranging from $10 million to in excess of
FundManager Desktop's full integration with the database underlying Beauchamp FundManager means that orders, executions and allocations flow directly through to reports, as well as into PositionManager, Beauchamp's real-time P&L application.
Clare Flynn Levy, President of Beauchamp Hedge Fund Solutions, commented ~For our clients, the rollout of FundManager Desktop alongside the Beauchamp FIX Gateway means that getting up and running with electronic trading has never been easier. We continue to give them freedom of choice on the front end, but have now enhanced the front office experience directly within the Beauchamp software and combined it with the LyNX connectivity management service to make electronic trading an easy, straight-through experience. Re-keying trades is a waste of time and a thing of the past. With Beauchamp, the front, middle and back offices are fully integrated, saving money and reducing operational risk."