Linedata Services Forms Strategic Partnership with Altaira, Integrating Advanced Risk Analytics into Its Product Suite
10 July 2008 - 2:51AM
Business Wire
Linedata Services (Bloomberg: LIN.FP), the leading provider of
investment management software solutions, today announced an
exclusive strategic partnership with Altaira LLC (�Altaira�) to
incorporate its premier cross-asset risk and analytics system into
the Linedata Services product suite. Linedata Services will market
the system under its own brand, Linedata Risk Analytics, as a
stand-alone solution or in combination with its other solutions,
particularly its Beauchamp hedge fund suite and LongView trading
system. Linedata Risk Analytics provides valuations, analytics and
risk management across all asset classes and across all markets for
hedge fund and traditional asset managers. Linedata Risk Analytics
is particularly strong in the fixed income and credit asset
classes, instruments which are more difficult to measure from a
valuation and risk perspective. This move adds key functionality to
Linedata�s product suite, as the buy-side focuses on managing risk
amidst increased market volatility and awareness of risk
management. With Linedata Risk Analytics, Linedata Services�
Beauchamp clients will have access to advanced analytics and risk
management capabilities such as scenario analysis, stress testing,
what-if analysis and Monte Carlo simulations. �With this
partnership, Linedata Services strengthens the pre-eminent position
of its investment management solutions, particularly in the hedge
fund market,� said Anvaraly Jiva, CEO and Chairman of Linedata
Services. �Risk management has assumed an even greater importance
in the last year as global markets have been stressed,� said Blaise
F. Labriola, Managing Director of Altaira. �With Altaira�s complex
analytics and risk-management capabilities, funds now have the
ability to measure and monitor the analytics and risk of financial
products and portfolios � using any real time data feed.� Notes to
Editors About Linedata Services Linedata Services (Bloomberg:
LIN:FP) is the global leader for investment 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 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 164.8 million in
2007, has offices worldwide and services more than 700 clients
across 50 countries. For more information visit Linedata Services
corporate site at www.linedata.com. About Altaira LLC Altaira is
the premiere cross-asset portfolio system for front-to-middle
trading and risk- management. Using tools like C# for rapid
application development, Microsoft� .NET for a rich client
interface, grid computing for unlimited scalability, and web
services for both cross-platform interoperability and extensibility
� Altaira provides both the system and confidence demanded in
today's competitive markets and the flexibility to customize the
system to meet growing demands. Stunning performance and a sleek,
intuitive interface make for the best overall portfolio and risk
management solution currently available for the high-end
enterprise, the individual trader, and everything in between. For
more information, visit Altaira�s website at www.altaira.com. About
Beauchamp Hedge Fund Solutions Beauchamp, the hedge fund solutions
offering from Linedata Services, has been building, marketing and
supporting trading & portfolio management software products for
alternative investment managers since 1997. The Beauchamp software
suite caters to multi-currency, multi-asset class and
multi-strategy investing and spans all stages of the trade life
cycle, from electronic trading and order management, through to
real-time P&L, portfolio analysis, automated reconciliation and
portfolio accounting. www.ldsam.com. About LongView Trading
LongView Trading is Linedata Services� powerful, electronic,
global, multi-asset class order management system developed to
support the needs of portfolio managers, traders, compliance
officers and operations personnel. The comprehensive system
provides portfolio modelling, electronic trading, pre- and
post-trade compliance and unparalleled access to liquidity. Through
numerous partnerships and seamless integration, LongView offers
customers access to the liquidity sources of their choice. Unique
technology and a commitment to broker neutrality has won LongView
ten of the top 25 global asset management firms, and more than 150
clients worldwide.
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