Integral Development Corp., the technology partner trusted by leading banks, brokers, and investment managers to design, deliver and grow their FX businesses and Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced the integration of Linedata’s Order Management System (OMS) powered by Longview, with Integral’s InvestorFX™. Linedata’s advanced OMS solution delivers an integrated approach to meeting the needs of the front and middle office of institutional, wealth and alternative firms, including portfolio management, trading, compliance and risk. InvestorFX is the industry-leading FX trading platform, combining best execution, optimal netting plans and fairness of allocations for investment managers to execute FX trade lists.
“We are pleased to partner with Linedata, which delivers flexible and comprehensive asset management solutions to global institutional and alternative communities,” said Harpal Sandhu, CEO, Integral Development Corp. “InvestorFX is the smartest trading platform available for investment managers today, and we are proud to offer another high quality option to access it. All users of Linedata OMS are now able to benefit from a seamless integration with InvestorFX.”
“Connecting to Integral’s InvestorFX will give Linedata’s clients direct access to state-of-the-art FX netting and execution, allowing access to new liquidity sources and technology not available on other FX trading platforms,” said Scott Govoni, Director of Strategic Alliances at Linedata.
InvestorFX™ allows asset managers to achieve best execution for their multi-tenor, multi-currency pair portfolios while minimizing operational risk. The easy-to-use workflow combines advanced netting capabilities, liquidity aggregation from every major liquidity provider in the market and trading algorithms for large-sized orders. Asset managers benefit from demonstrably reduced transaction costs and the ability to fairly allocate those significant savings to each originating fund.
Integral services banks, brokers, investment managers and market makers enabling them to design, deliver and grow their FX businesses. Integral’s FXCloud is the industry’s most flexible and reliable trading platform combining features for liquidity management, pricing, distribution and risk management. Trusted by over 200 top-tier financial institutions, Integral delivers access to FXCloud as pre-packaged solutions - BankFX, MarginFX, AgencyFX, InvestorFX, and OCX - to enable our customers to tailor their system for specific client needs and grow their businesses. Founded in 1993, Integral maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo, and Bangalore.
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1000 employees in 16 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 172.3 million in 2015. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.