Vertex One Asset Management, manager of over CAD2.1 billion in assets through six investment funds in Canada, including one of the country’s largest hedge funds – the Vertex Fund – has seen significant growth due in part to the firm’s adoption of Linedata Global Hedge.
Vertex uses Global Hedge platform for real-time P&L, valuation, trading, reporting and compliance.
“I see Linedata’s distinguishing feature as being the team behind the technology,” says Rob Binnington Manager of Operations and Marketing at Vertex One. “They strive to form partnerships and display a dedication to providing a customised solution. Generally, everyone has capable technology but not everyone creates goodwill. That’s the key ingredient when engaging a service provider long-term and why we partnered with Linedata.”
“We are delighted that Vertex One has chosen and continues to rely on Linedata Global Hedge to grow and expand its business,” says Gary Brackenridge, Global Head of Hedge Funds at Linedata. “Our partnership with Vertex One is typical of an industry trend, as more hedge funds look for strong partners who demonstrate an understanding of their business requirements and implementing tailored solutions that can facilitate their corporate growth. Firms today want a team of experts that become an extension of their core teams without adding overhead and headcount, they purchase people not software.”
Linedata Global Hedge includes trading, order management, portfolio management, compliance, reporting, and investor accounting.
