- Portfolio management & trading features driven by increased adoption of electronic trading and automation
- New reporting tools address complex regulatory requirements, including MiFID II
- Additional support for multi-asset class investing: bank debt, repurchase agreements and fixed income
- Features to improve operational efficiency and usability added
Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has launched an updated version of its market-leading portfolio management system, Linedata Global Hedge.
Designed specifically to meet the changing needs of the hedge fund and institutional investment communities, the new features of Linedata Global Hedge provide clients with total control of their portfolios and transactions, from order entry right through to settlement and custody. Offered to alternatives managers, Linedata's advanced portfolio management solution also serves institutional investment managers and wealth advisors across Europe, North America, and Asia.
The new release addresses the challenges created by a rapidly evolving regulatory environment, putting increased pressure on the investment community to adapt to new rules and ensure compliance. The enhancements to Linedata’s platform will ensure hedge funds and asset managers are equipped to exceed increased reporting requirements, for example under MiFID II, via straight-through processing (STP) and a full audit trail for all transactions.
Alternative and institutional managers across the globe are looking for automation and electronification of their trading process as a way to ensure they stay competitive and achieve compliance with the new regulations. This new release brings managers the benefit of intuitive order generation and compliance tools, along with STP through Linedata FIX engine and trading connectivity services.
The new features also facilitate the trend of investment managers moving away from cash and diversifying into a broader range of asset classes. A wider range of features for different asset classes, including bank debt, repurchase agreements, swaps and fixed income, will support clients’ seeking alternative means of generating income in this low growth environment.
In addition to these new features, the platform delivers a range of further advances which improve operational efficiency, ease of use and scalability. These include greater middle office automation, broader data-capture capabilities, an improved user interface, real-time intra-day P&L and order generation for the front office, and significantly expanded capacity and scalability.
Gary Brackenridge, Global Head of Asset Management at Linedata, says: “Alternative and institutional managers are facing a number of major challenges in their quest for alpha against the backdrop of an evolving regulatory landscape and a challenging economic environment. Linedata’s portfolio management system equips hedge funds and institutional managers of all sizes with the means to meet these challenges head-on, while simultanously ensuring operational efficiency and total accuracy in reporting thanks to automated processing, an intuitive user interface and powerful customisation options.”