Linedata (Euronext Paris: LIN), a provider of credit and asset management technology, data and services, is partnering with ICE Data Services to provide a broad set of high-quality data and analytics to Linedata’s clients.
Linedata’s strategy of combining technology, services, and data takes a significant step forward with this addition of comprehensive data and analytics from ICE Data Services.
Global asset managers use data as a strategic asset to facilitate critical investment decisions, improve operational effectiveness, and mitigate risk. With this agreement, Linedata expands its data business offering to provide ICE Data Services’ fixed income evaluations, reference data, OTC derivatives data, global listed equity pricing, corporate actions/dividends, and suite of analytics, directly through its cloud-based solutions. This will offer Linedata’s clients improved operational efficiencies through a fully managed service, and more efficient purchasing and use of data.
“Linedata is an established provider of asset management solutions and we’re excited to offer access to our comprehensive pricing, reference data and analytics to their global network of clients,” says Lynn Martin, President and COO of ICE Data Services. “With evaluated pricing on nearly three million securities and reference data on over 13 million instruments, we offer a broad range of data and analytics to power customers’ pre-trade, trade and post-trade workflows.”
“We continue to build out a cloud-based data and analytics strategy to support our clients’ voracious need for optimised access to and leverage of data and tools to manage their complex business operations,” says Gary Brackenridge (pictured), Head of Global R&D and North America for Asset Management at Linedata. “We are delighted to have ICE Data Services on board as one of the key providers of flexible, comprehensive data that will drive more effective decisions into our clients’ workflows.”
