ISIS Fund Services selects Linedata Beauchamp reporting solution to enhance their hedge fund client offering

Paris and New York - 8 May 2012

Linedata Beauchamp to provide on–demand daily portfolio analytics

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has announced that ISIS Fund Services (“ISIS”) has selected award-winning Linedata Beauchamp, part of Linedata’s comprehensive solution for the alternative investment industry. ISIS, a leading hedge fund administrator, will leverage Linedata Beauchamp and its extensive reporting capabilities to offer their clients on-demand access to portfolio management reports, providing ISIS with a key market differentiator.

In an increasingly competitive marketplace, administrators strive to provide an ever wider range of services while also meeting fund managers’ demands for greater transparency, expertise and responsiveness. ISIS have addressed clients’ needs by expanding their offering to include a robust reporting engine, powered by Linedata Beauchamp, supplying a large variety of portfolio analytics with drill-down capability to transaction level detail. The reports will aggregate data from multiple prime brokers, providing slice and dice views of the portfolio. Brian Desmond, COO of ISIS Fund Services, explained: “Linedata Beauchamp, with its excellent reporting functionality, is an important addition to our product offering, as it brings enhanced transparency into our back-office services for our clients, and will add much value to our clients’ own internal analysis. Hedge fund managers recognize that producing this type of portfolio analysis can be challenging and resource hungry. Enabling our clients to access this robust reporting platform gives our clients a smart, cost-effective solution, and one which appeals not only to the large, multi-prime manager, but also to the emerging manager who may not have the necessary tools at their disposal.”

ISIS intend to bring this service to market in early Q3, 2012, and to follow it soon after with further client offerings in partnership with Linedata, including risk reporting and enhanced middle office services.

ISIS Fund Services’ approach, to review and expand the services they offer to their market, is part of a growing trend. Jack Wiener, Executive Vice President, Linedata North America, commented: “Linedata is seeing a strong move towards outsourcing in the hedge fund market. Activities which are not core to actually managing the fund can be more effectively addressed by an expert administrator such as ISIS. With our extensive experience in both the institutional and hedge fund markets, serving both fund managers and administrators, and with our strategic approach to partnerships, Linedata is well positioned to support ISIS in terms of both expertise and product range and we look forward to working with them.”

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