Firm Extends Use of Linedata Longview and Linedata Compliance through Linedata Hosting
PARIS and LONDON, October 26, 2011 – Linedata (NYSE Euronext: LIN), the global leader for investment management and credit technology, today announced that London-based River and Mercantile Asset Management LLP (R&M), a premier boutique asset manager, has renewed their relationship. River and Mercantile will continue to use the award winning order management system, Linedata Longview, and real-time, robust compliance system, Linedata Compliance through Linedata Hosting, to support their ongoing growth and future expansion.
R&M were early adopters of the “Software as a Service” model and have used Linedata Longview through Linedata Hosting from the outset in 2006. As a scalable solution, Linedata Longview has supported and grown with R&M as they increased AUM from tens of millions to multiple billions through winning new mandates and expansion of products.
R&M uses Linedata Compliance to handle the complexities necessary to monitor compliance across multiple geographies, markets and asset classes. As one of the only major providers able to offer a scalable, fully hosted solution to both institutional and alternative asset management firms, from the front- to the back-office, Linedata continues to enable R&M to focus on their business, not their infrastructure.
“A primary reason for recommitting with Linedata is the strong and collaborative relationship that we have nurtured over the years. Vendor relationships can have challenges, but Linedata has always worked with us to support our growth,” said Julian Cripps, Chief Operating Officer of R&M. “We know that Linedata has the proven and trusted hosting capabilities we need. We are confident that as we continue to grow and expand, they will continue to work with us to handle all of our requirements.”
“One of Linedata’s key objectives is to become a long-term, trusted partner with all of our clients. R&M’s renewal is a testament to the effort we have made to reach this goal and we are delighted to continue to provide the service and systems necessary for their future success,” said Adrian Andrews, Managing Director of Linedata Northern Europe. “Not only do R&M benefit from the strength of our products and experience of our team, but they also are able to leverage the extensive hosting experience at Linedata.”
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.
Linedata provides comprehensive front-to-back solutions and services to manage all types of investment processes, from pre-trade to post-settlement, across a wide range of firms, including institutional portfolio and collective management companies, hedge funds, prime brokers, fund managers, transfer agents, corporate savings fund managers, and subsidiaries of banks or independents.
ABOUT RIVER AND MERCANTILE
R&M is a UK (London) based investment boutique established in 2006. R&M was formed by a management team led by James Barham and Julian Cripps with the backing of Sir John Beckwith and his Pacific Investments team led by Mark Johnson. The business currently specialises in managing specialist UK and Global equity portfolios for Institutional and other professional investors and manages assets in excess of £2.5bn as of September 2011, including assets in transition.