Linedata has released the latest version of Linedata Compliance, which offers a real-time system with investment monitoring that introduces “as-of” compliance capabilities and expanded user-defined controls.
With tougher regulations in place, the solution will allow asset servicers to improve strategic planning and to better position firms to deliver value-adding service to clients.
Linedata Compliance focuses on consolidating existing complex business requirements and workflows of compliance officers at fund administrators, global custodians and asset managers.
The “as-of” compliance allows clients to store historical data and run post-trade investment compliance for any selected effective date, recreating specific portfolio situations.
Bob Proctor, vice president of font office asset management product strategy at Linedata, said: “Our asset servicer clients require a core compliance environment to meet regulatory demands and lower operational risk.”
“With compliance having shifted from being a mere ex-post monitoring element into being a vital strategic planning tool within an organisation, meeting the complex demands of regulators and clients will better position [asset servicers] for future growth.”
He added: “Linedata Compliance, coupled with our service offerings, including Linedata Disclousure Services, positions our clients for continued success.”
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