Firm Chooses Comprehensive Solutions through Linedata Hosting
PARIS and BOSTON, December 12, 2011 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced their newest client, Davidson Fixed Income Management, Inc., an investment advisory firm offering customized investment advisory solutions to select institutional fixed income investors. Davidson will use Linedata Mshare, Linedata Mfact and Linedata Reporting to better serve their investor clients.
Deployed via Linedata Hosting, Linedata Mshare, Linedata Mfact and Linedata Reporting are comprehensive, cost-effective and integrated best of breed solutions which meet the needs of investment advisors like Davidson. Delivering automation, security, transparency and the ability to offer enhanced services to Davidson, Linedata’s solution eliminates the current manual use of spread sheets through a trusted technology platform.
Linedata Mfact is an award-winning fund accounting solution with over 20-years of proven market experience working with some of the world’s leading financial institutions. Linedata Mshare is a leading transfer agency and shareholder recordkeeping solution backed by over 10-years of proven market experience and used by some of the world’s largest institutions. Linedata Reporting is a fully integrated solution providing a robust reporting package seamlessly integrated with Linedata’s comprehensive solution.
Firms are continuing to strive to improve their performance and agility while having a need to invest in systems to ensure their front, middle and back offices are integrated and automated. With increasing attention to client reporting demands, there is greater demand for detail, transparency and timeliness. Davidson chose the award-winning Linedata systems for its strong integration, automation, ability to deliver reports to an existing web portal and ease of use with its hosting infrastructure.
“Selecting Linedata allows us to move away from a manual, multi-system environment and not worry about infrastructure,” said Scott Prickett, Managing Director of Davidson. “With its ease of use, ability for customization and integrated general ledger, we now have the technology in place to handle our business needs and allow us to focus on our clients.”
“Linedata’s integrated accounting, shareholder investment and reporting tools are robust, scalable and functionally rich and offers firms like Davidson the product capabilities they require,” said Annie Morris, Managing Director of Linedata North America. “Our experience of working with investment advisors that manage assets for Local Government Investment pools helps us understand Davidson’s need for efficient and cost-effective technology that will support their current and future business requirements.”
ABOUT LINEDATA
Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 900 employees across the globe, Linedata is dedicated to the investment management and credit community. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and tailored mission-critical software and services that help its clients grow. As a pioneer for over 20 years with the set-up of SaaS infrastructure for the financial industry, Linedata has preached and spread this model throughout the global financial community, for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 136.2 million in 2010. This company is listed on Euronext Paris FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
ABOUT DAVIDSON FIXED INCOME MANAGEMENT
Davidson Fixed Income Management, Inc. (DFIM) offers a comprehensive array of fixed income advisory services to governments and non-profit institutions. The firm is federally registered with the SEC and is a wholly owned subsidiary of Davidson Companies, a broad-based financial services firm. With a significant capital base and over 1,000 employees, Davidson Companies provides financial strength and stability for DFIM and our clients.