With the industry facing increasing regulatory challenges, Linedata has launched a new version of its Linedata Global Hedge platform.
The company, which provides solutions and outsourcing services to the investment management and credit finance industries, said the new version is designed to meet asset managers’ evolving challenges.
Linedata Global Hedge will now deliver an enhanced user experience for the front-office, including order generation, pre-trade compliance and middle-office operations. It also includes multiple enhancements for trading, streamlined workflows, what-if analysis and pre-trade compliance, as well as mobile processing capabilities.
Now supporting cryptocurrencies, Linedata Global Hedge will also enable trading, booking and tracking of Bitcoin (XBT) and related derivatives. It will provide direct access to the Linedata Lynx network, allowing FIX trading connectivity with a global list of brokers and partners.
Global Hedge has also introduced Lua Programming scripting to further extend system flexibility for real-time analysis and decision making. Growing regulatory obligations have led to greater interaction between managers and custodians, and with its new release, Linedata claims to make it easier to store and manage the extra level of data required, with improved handling of post-trade interfaces and SSI maintenance.
Linedata furthered its digital strategy with the launch of Linedata Clarity, which facilitate the integration of Linedata’s services and outsourcing solutions, which offers middle office, risk and technology, combining people and process with the Linedata Global Hedge platform.
“Increasing regulation continues to drive dependency on electronic trading, digitisation and real-time reporting – it’s now more important than ever for managers globally to have access to the right data and technology to help them mitigate risks and manage costs,” noted Karen Hui, Global product manager at Linedata. “This version of Linedata Global Hedge responds to these evolving challenges and prioritises our clients’ user experience, an important part of our drive to support our clients in staying ahead of the shifting landscape.”
Earlier this year, Linedata partnered with London Stock Exchange Group’s UnaVista to effectively address MiFID II transaction reporting obligations. The partnership will see the firm’s mutual clients use UnaVista as an Approved Reporting Mechanism (ARM) to report transactions to National Competent Authorities (NCAs) for all required asset classes.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
