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.
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