Linedata (NYSE Euronext: LIN has released a new version of Linedata Beauchamp, its award-winning hedge fund portfolio management system. This new release – called Linedata Beauchamp Sigma – delivers a new and intuitive front-end for hedge funds to allow them to manage the increasing complexity of their business and to access and act on key data faster.
Mike de Verteuil (pictured), Linedata’s group business development director, says: “The hedge fund market continues to develop, and in this increasingly competitive space, firms are looking to stand out from their competitors. At the same time, hedge funds face pressure from regulators to demonstrate transparency and operational best practices. Our innovations have focused on supporting the differentiation Linedata’s hedge fund clients require while meeting regulatory requirements and inspiring the confidence of investors.”
Linedata Beauchamp Sigma allows hedge fund managers to create highly flexible, custom workspaces that enable them to manage a variety of workflows according to the information they need. It’s easy to use, requires minimal mouse clicks and empowers the business user by reducing reliance on IT support and its associated costs. Underlying it is the same rich, robust Linedata Beauchamp functionality.
Ed Gouldstone, head of hedge fund products for Linedata, says: "Technology needs to work harder for hedge funds and bring competitive advantage. Linedata Beauchamp Sigma provides the operational efficiency that hedge funds require to address regulators’ and investors’ demands. As hedge fund managers move to reduce their vendor footprint and focus on one or two key suppliers, Linedata Beauchamp Sigma builds on our existing world class portfolio management solution, but with a new, ergonomic, intuitive front end. It uses shared technology elements with other products in our front to back hedge fund solution, resulting in a unified look and feel and even tighter integration.”
Linedata Beauchamp is used by over 275 fund managers globally and has won several awards in the past year including Hedgeweek’s for Best Fund Accounting & Reporting System’ and HFMWeek’s Best Portfolio Management System. Linedata Beauchamp is suitable for any size of fund and can form part of a fully integrated front to back offering with Linedata TraderÌ, Linedata Longview order management system, Linedata Compliance and other elements of the Linedata asset management solution including a wide range of connectivity to liquidity providers, prime brokers, administrators and others, delivered either as a hosted or in-house solution.