About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Aperio Chooses Linedata OMS

Subscribe to our newsletter

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.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Modernising Legacy Data Infrastructure to Create Agile and Accessible Digital Platforms

In a highly competitive trading environment with little room for manoeuvre, financial institutions are looking to move on from legacy data infrastructure and build proprietary high-speed, low-latency trading systems offering agility, accelerated time-to-market, and potentially, competitive advantage. This is a sizeable undertaking and a shift from dependence on third-party trading services and solutions that has...

BLOG

Breaking the Dominance of the 4pm Fix: Alternative Approaches to FX Benchmarks

Introduction Since the mid-1990’s, foreign exchange (FX) benchmarks have played a crucial role in providing standardised FX valuation points, which are used for a wide variety of purposes by financial markets participants across the industry. Over the last decade however, particularly in the wake of the Libor scandal of 2012 and the FX fixing scandal...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...