Linedata Services Embeds Powerful Counterparty Risk Reporting In Beauchamp Fundmanager

< BACK TO COMPANY starstarstarstarstar   Business - Company Press Release
30th September 2009, 05:55am - Views: 670






Business Company Linedata Services 2 image










MEDIA RELEASE PR36346


Linedata Services Embeds Powerful Counterparty Risk Reporting in Beauchamp FundManager


LONDON, Sept. 30 /PRNewswire-AsiaNet/ --


    Linedata Services (LIN:FP), the global leader for investment and credit software, services and support, today

announced version 6 of its Beauchamp FundManager product, the award-winning portfolio management solution

for alternative investments.


    New features in Beauchamp FundManager include counterparty risk reporting; increased throughput; enhanced

fixed income coverage and improved financing calculation.


    Powerful counterparty exposure reporting capabilities are now available to help managers understand their

exposure to a counterparty across their portfolio. Developed in close collaboration with clients and now available as

part of the core product, Beauchamp FundManager reporting includes both standard and configurable reports. The

reporting fully exploits the depth and granularity of portfolio data held by the platform.


    Enhanced scalability in Beauchamp FundManager is designed to meet the increased throughput demands from

hedge fund managers and traditional investment managers using hedge fund techniques. Beauchamp

FundManager's architecture improvements include parallel processing of position updates and P&L and analytic

calculation, ensuring that managers can maintain a true real-time view across the entire portfolio, even as volumes

grow and markets get ever busier.


    Increased fixed income coverage is one element of a continuous programme to ensure cross-asset support in

Linedata's platforms. FundManager now provides deep support for index-linked fixed income products such as

TIPS (Treasury Inflation Protected Securities) as part of a broader quest to help clients banish side-spreadsheets in

favour of robust, auditable platforms. 


    Enhanced financing calculation has also been included, with full support for the rebate-style financing on short

positions that is prevalent in the Northern American markets.


    "At Linedata Services, we are constantly seeking to improve our best-of-breed products in line with anticipated

market developments and real customer requirements," commented Stuart Calder, Product Director, Linedata

Services. "Enhanced counterparty exposure reporting is high on our current and prospective customers' wish lists,

be they hedge funds or more traditional asset managers using hedge fund techniques. As managing risk of

all types is paramount to clients, we have built this into our core product, harnessing the depth, power and

scalability of the Beauchamp FundManager platform. Addressing another key trend, we have significantly

enhanced the integration of Beauchamp FundManager with LongView Trading, our award-winning order

management system, creating a seamless front-to-back office offering which leverages customers' return on

investment."


    Notes to Editors


    About Linedata Services


    Linedata Services (Bloomberg: LIN:FP) is the global leader for investment and credit software, solutions, and

support. Linedata combines technological innovation, financial strength, and a deep understanding of the Asset

Management, Leasing & Credit Finance, and Insurance & Savings industries. Linedata Services' asset

management division provides comprehensive, scalable solutions to the buy-side, to manage the entire investment

process from pre-trade to post-settlement. Linedata Services is unique in offering a full front- to back-office solution

via enterprise installation, or as an Application Service Provider ("software as services" or "service bureau"

delivery), and has 20 years experience delivering ASP solutions.


Business Company Linedata Services 3 image

    Headquartered in France, Linedata Services achieved revenues of EUR 160.7 million in 2008, has offices

worldwide and services more than 700 clients across 50 countries. For more information visit Linedata Services



    SOURCE: Linedata Services

  


To view this and other AsiaNet releases please visit http://www.asianetnews.net






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article