Linedata (NYSE Euronext: LIN), the global leader for investment management and credit technology, today announced that London-based River and Mercantile Asset Management LLP (R&M), a premier boutique asset manager, has renewed their relationship. River and Mercantile will continue to use the award winning order management system, Linedata Longview, and real-time, robust compliance system, Linedata Compliance through Linedata Hosting, to support their ongoing growth and future expansion.
R&M were early adopters of the âSoftware as a Serviceâ model and have used Linedata Longview through Linedata Hosting from the outset in 2006. As a scalable solution, Linedata Longview has supported and grown with R&M as they increased AUM from tens of millions to multiple billions through winning new mandates and expansion of products.
R&M uses Linedata Compliance to handle the complexities necessary to monitor compliance across multiple geographies, markets and asset classes. As one of the only major providers able to offer a scalable, fully hosted solution to both institutional and alternative asset management firms, from the front- to the back-office, Linedata continues to enable R&M to focus on their business, not their infrastructure.
âA primary reason for recommitting with Linedata is the strong and collaborative relationship that we have nurtured over the years. Vendor relationships can have challenges, but Linedata has always worked with us to support our growth,â said Julian Cripps, Chief Operating Officer of R&M. âWe know that Linedata has the proven and trusted hosting capabilities we need. We are confident that as we continue to grow and expand, they will continue to work with us to handle all of our requirements.â
âOne of Linedataâs key objectives is to become a long-term, trusted partner with all of our clients. R&Mâs renewal is a testament to the effort we have made to reach this goal and we are delighted to continue to provide the service and systems necessary for their future success,â said Adrian Andrews, Managing Director of Linedata Northern Europe. âNot only do R&M benefit from the strength of our products and experience of our team, but they also are able to leverage the extensive hosting experience at Linedata.â