Linedata Services (LIN:FP), a global leader in the financial technology market, today announced that it has been selected by Jefferies & Company's Prime Brokerage Unit to provide its award-winning LongView Trading Order Management System to its platform for hedge fund clients. Jefferies & Company, a full-service investment bank and institutional securities company focused on growing and midsized companies and their investors, is helping to meet growing demand for best-of-breed trading technology among hedge fund clients in its prime brokerage unit.
"We are very excited to be partnering with Jefferies & Company, working to provide value to hedge funds in its prime brokerage unit. Linedata's LongView Trading will help these clients improve the overall efficiency of their business, and increase the speed that they can react to opportunities on the trading side," said Jack Wiener, Executive Vice President of Linedata Services. "In the longer-term, Linedata's LongView will help Jefferies provide the internal infrastructure hedge funds need to grow and to differentiate themselves in the market."