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: Re-architecting the trading platform for interoperability, resilience and profitability

Trading platforms have come a long way since the days of exchanging paper certificates and shouting across trading floors, pits and desks in the early 2000s, but there is progress still to be made as firms strive to reduce risk, increase profitability, and make their mark in digital assets trading. This webinar will review the...

BLOG

13th Annual TradingTech Summit: The Crossroads of Technology and Capital Markets

The TradingTech Summit London, the industry’s leading event on capital markets trading technology, returns for the 13th time on leap year day, 29th February, at the Hilton Canary Wharf in London. This highly anticipated gathering will bring together innovators, investors, and thought leaders to examine current trends, challenges, and opportunities in the rapidly evolving trading...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...