Best Execution Leads Updated Linedata Trading Tool

Linedata announced a new version of Linedata Longview for Asset Managers, which aims to provide an integrated approach to portfolio management, trading and compliance.

According to a press statement, Linedata Longview for Asset Managers boasts more sophisticated modelling enhancements and order generation tools to simplify the decision making process and streamline workflows for portfolio managers. The solutions Impact analysis tools now enable portfolio managers to determine the effect an investment decision will have on the market before sending for execution. The update includes new generic workflows for fixed income that allows portfolio managers and traders to find best execution on a defined range of securities, while the system automates the matching process.

The updated platform utilizes market value, NAV, exposure and delta-adjusted exposure to generate orders that are aligned with investment decisions. It also includes a security switch functionality that allows traders to see both buys and sells in one view, across multiple accounts and asset classes.

As the industry enters the next phase of the growth cycle and managers look to expand their business into new products and geographies, we expect to see much more focus on front office platforms and operations, said Dan Burstein, COO of front and middle office asset management at Linedata.

Burnstein added, Working closely in partnership with our clients allows us to focus on them to fully understand, prioritize and provide solutions to meet their current, short term and long term needs. Embracing this strong partnership approach gives our clients the competitive edge they need to successfully chase the growth opportunities for their business.