The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Aperio Chooses Linedata OMS

Investment management firm Aperio Group expects to implement Linedata’s Longview order management system (OMS) by the end of the first quarter of 2017, says Lisa Clossey, a project manager and business analyst at Aperio who worked on the firm’s choice of Linedata as an OMS provider.

Aperio plans to replace internal systems and use Linedata Longview to manage client trade flow across separately managed accounts, covering pre-trade compliance, trading, post-trade processes and reporting functions.

The firm has $15.62 billion billion in assets under management (as of the third quarter of 2016) and specializes in tax management, factor tilts and socially responsive strategies for high-net-worth investors. Aperio has over 3,000 separately managed accounts, according to Clossey.

“We have a lot of data and Linedata was able to handle that,” she says. “Everyone we talked to was complementary about Linedata’s support and had been with them a long time.

“We have our own proprietary optimization system,” Clossey adds. “We just wanted to feed in trades rather than needing a re-balancer.”

Aperio sought a new OMS to centralize its order processes, and also found a benefit in Longview’s flexibility in working with multiple execution management systems (EMSs).

“We will use Longview as our trading hub,” says Clossey. “It will handle the orders and allocations. It is important to us that our volume of data works at the tax lot [opening transaction record] level.”

Related content


Upcoming Webinar: Regulatory change management – challenges, solutions and case studies

Date: 7 December 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Regulatory change has become part of the fabric of capital markets. It has also become increasingly complex as more regulations are introduced, significant amendments are made frequently, and small changes are made on a rolling basis – the whole...


Broadridge Strikes at Front Office with $2.5 Billion Acquisition of Itiviti

In an all-cash transaction valued at €2.143 billion (approximately $2.5 billion), US-based Broadridge Financial Services this week agreed to acquire Scandinavian trading and connectivity solutions provider Itiviti from owner Nordic Capital. The deal will significantly expand Broadridge’s Capital Markets franchise by extending into the front office and strengthening its multi-asset capabilities. The fit looks like...


Data Management Summit Europe Virtual

The Data Management Summit Europe Virtual brings together the European data management community to explore the latest challenges, opportunities and data innovations facing sell side and buy side financial institutions.


The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...