The updated system is intended to give clients more control of their portfolios and transactions, from settlement through to custody. It will also help hedge funds and asset managers to adapt to and exceed increasing regulatory reporting requirements.
It includes features to manage bank debt, repurchase agreements, swaps and fixed income, support clients seeking different means of generating income in a low growth environment.
The platform is intended to improve operational efficiency, ease of use and scalability, through the addition of the new features.
It is aimed at meeting the changing needs of the hedge fund and institutional investment communities, while also serving investment managers and wealth advisors across Europe, North America and Asia.
Gary Brackenridge, global head of asset management at Linedata, commented: “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.”
He added: “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.”