According to an independent judging committee for HFMWeek, the selection was based upon a number of factors: âWith the world forever changed after 2008, Linedata offers tools to navigate this new environment. Linedata provides robust reporting and accounting tools that position hedge funds to meet ever-increasing investor demands. This year alone the firm has launched enhancements to its hedge fund offering, rolling-out significant technology updates and powerfully updated compliance monitoring."
âLinedataâs hedge fund solutions are designed to meet the exacting requirements of hedge fund managers,â said Anvaraly Jiva, Chairman and Chief Executive of Linedata. âThis award by HFMWeek recognizes that our hedge fund solutions meet the need for a proven, robust technology as required by investors. The unique nature of Linedataâs front-to-back offering â from order management through to accounting â has brought the company new business, a strong pipeline and this prestigious recognition.â
The HFMWeek US Services Awards judging committee used a combination of quantitative and qualitative criteria in recognizing Linedata as âBest in Technology Investor Servicingâ. This award is the latest in a series of recent hedge fund industry accolades for Linedata in 2010 that includes: âHedge Fund Technology Provider of the Yearâ, International Custody and Fund Administrationâs (ICFA); and âBest Fund Accounting and Reporting Systemsâ, HFMWeek.