Data solutions provider Linedata has launched an optimised version of its Linedata Navquest fund monitoring solution.
As part of the update, Linedata looks to increase its automation and streamlining of cloud-based processes, upheld within the Linedata AMP platform.
Linedata’s Navquest's dashboards support control teams to respond to the obligations associated with increased regulation.
Through the utlisation of Linedata Navquest, all industry oversight departments can focus on covering all new risks for their clients, Linedata says.
Linedata is currently preparing two co-funding projects involving two of Linedata's clients in the UK, and in Luxembourg.
The projects are expected to go live on the new version of Linedata Navquest at the end of this year.
Aldric Dupaïs, director of asset management Europe at Linedata, says: "Due to the increased market volatility and demanding clients, asset managers and controllers need clear metrics and reports to avoid the risk of errors and reputational damage.
“With our constantly enhanced fund monitoring solutions, our ambition is to strategically cover a whole range of risks, from compliance and ESG risks to operational risks such as net asset value control and cash flow control.”
