Linedata has launched an updated version of its portfolio management system, Linedata Global Hedge.
Designed to meet the 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 portfolio management solution also serves institutional investment managers and wealth advisers across Europe, North America, and Asia.
The new release aims to address 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.
The new release provides 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.
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 expanded capacity and scalability.
Gary Brackenridge (pictured), 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 simultaneously ensuring operational efficiency and total accuracy in reporting thanks to automated processing, an intuitive user interface and powerful customisation options.”