Linedata Services Wins Waters Best Buy-Side OMS 2009

Boston, MA - 6 July 2009

Linedata Services (NYSE Euronext: LIN), the global leader for financial software, services and support, announced today that it was named ”Best Order Management System” in the annual Waters Rankings by Waters Magazine, a leading publication tracking technology in the securities industry. Waters awards the title based on votes by end-users of the technology, providing a direct reflection of LongView Trading's value for buy-side investment professionals.

The win is the second straight for the LongView Trading Order Management System (OMS). This year’s win also put Linedata in the top-three for two other hotly contested areas: Portfolio Management Systems with Beauchamp’s FundManager and the newly-created Hosted Solutions categories with Linedata Hosting.

“This year’s win cements our dominance of the order management space, and there is a growing recognition of Linedata’s leadership in the portfolio management and hosted solutions categories,” said Annie Morris, Managing Director for the North America region. “Linedata’s comprehensive front-to-back solution for the buy-side provides integrated tools that are truly best-of-breed. At Linedata, product innovation and client service comes first, and more awards are likely to follow.”

The Waters wins comes close on the heels of the launch of LongView 7, the most significant new release of that Order Management System in more than a decade. LongView 7 provides a comprehensive solution to many of the challenges facing the buy-side due to increased volatility, demands for greater transparency, and the convergence between hedge and mutual funds.

“Innovation, service, and deep relationships with our clients are the hallmarks of Linedata Services,” said Anvaraly Jiva, CEO and Chairman of Linedata Services. “We were pleased when these attributes – well known to our clients - were recognized by the rest of the market when we won the Waters award last year. This year’s win shows that these qualities are much more than words; they are part of this firm’s DNA.”

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