Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that it has won a HFMWeek service provider award for the third consecutive year. Named ‘Best Portfolio Management System’ for Linedata Beauchamp, Linedata was the only technology vendor to be shortlisted in four categories: Best Overall Technology Provider; Best Technology for Start-up Funds; Best Portfolio Management Software Provider; and Best Provider of Cloud Computing Services.
The awards are given to firms and solutions which have demonstrated financial progress, growth and genuine innovation across a number of different business areas. Linedata’s comprehensive hedge fund platform covers front-to-back capabilities and deploys integrated, best-of-breed software covering capabilities in trading, order management, compliance, risk and reporting as well as a wide range of connectivity to liquidity providers, prime brokers, administrators and others, delivered either as a hosted or in-house solution. The power of Linedata’s hedge fund platform lies in its flexibility to handle all the complex assets and strategies employed by hedge funds today, and to adapt to every hedge fund’s workflow while at the same time giving funds the ability, in real-time, to manage and report on their NAV, P&L and exposures however they need to. Scalable, robust and cost-effective, Linedata’s hedge fund platform is suitable for any size of fund.
“Hedge funds are constantly striving to do more with less, whilst keeping their main focus on the core business of generating alpha. In this challenging environment, Linedata leverages our extensive knowledge of the sector to help managers, incubators (such as recently-signed The Alpha Cooperative) and hedge fund hotels to stay ahead by delivering a technology platform which meets all alternative investment needs, from front to back office and including a SaaS approach if desired. We are delighted to win ‘Best Portfolio Management System’, and to be shortlisted in a further three categories. It is a powerful endorsement of Linedata’s approach and of the continuing investment in our hedge fund platform to meet the industry’s need for comprehensive, cost-effective solutions,” said Anvaraly Jiva, Founder and CEO of Linedata.