US-based value equity manager Cramer Rosenthal McGlynn (CRM) has chosen Linedata to provide a new operational model.
The investment operations system will replace the numerous internal systems that CRM has used for several years, reducing the use of manual processes.
Workflows have been simplified though Linedata Longview OMS suite, which has reduced CRM’s operational costs by more than 50 per cent, according to Linedata.
By using Linedata’s Asset Management Platform (AMP), CRM is able to expand its capabilities around account base management, onboarding and the remote handling of trading instructions. Updates to this service are delivered through continuous integration and delivery, allowing CRM to quickly access new features.
In addition, Linedata Accumen allows non-traditional users, such as senior management figures, to monitor business on a macro level.
Steven Fellin, chief financial officer at CRM, says: “Our relationship with Linedata has positioned our business for long-term growth. We continue to work with Linedata with the goal of integrating additional innovative solutions to further streamline our investment processes from idea generation through trade execution.”
Bob Moitoso, head of asset management for North America at Linedata, adds: “In today's evolving investment landscape, your asset management technology platform must be adaptable to keep up with the ever changing environment.
“We are bringing our technology expertise and flexible solutions to improve [CRM’s] operations so they have more time to spend focusing on their clients and ultimately driving their business forward.”
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