Linedata has released a new edition of its Linedata Longview portfolio management platform for wealth managers.
The upgrade includes improvements to the workflow for users, and more sophisticated and extendable portfolio management functions, in anticipation of changing client requirements.
According to Linedata, wealth management is evolving with new regulations, changing client demographics, and tougher competition in the market. More flexibility in the Longview platform is designed to help managers to differentiate themselves and stay competitive in meeting new client demands.
The changes have been made in anticipation that wealth managers will be looking for a global platform that can manage larger volumes, focusing on improving investment returns and controlling risk, while simultaneously reducing costs where possible.
The new version of Linedata Longview offers more capabilities to help managers implement multi-asset strategies and support client investment decisions. Flexible order generation tools can show multi-asset investment decisions on one integrated platform, through a customisable dashboard.
Bob Proctor, Linedata’s senior vice president of global front-office asset management product strategy, said: “Wealth managers are facing pressures from regulation, rising costs and a competitive landscape. In order to continue to deliver the best service to their clients, they require a platform that is scalable and flexible to implement the countless investment decisions across all of those accounts.”
He added: “At Linedata, we continue to work closely with our more than 45 global wealth management clients to fully understand their specific needs and provide the solutions they require. Having this partnership approach with our clients helps them overcome the challenges they face and keeps them poised for growth.”
