Linedata has updated its Global Hedge platform to enhance front-office user experience, enable Bitcoin trading, and support outsourcing solutions for the middle office.
The enhanced user experience covers order generation, pre-trade compliance and middle-office operations. Further front-office improvements include enhancements for trading, streamlined workflows, what-if analysis, pre-trade compliance and mobile processing.
Introducing cryptocurrencies, the platform enables trading, booking and tracking of Bitcoin and related derivatives. Direct access to the Linedata Lynx network allows FIX trading connectivity with a global list of brokers and partners.
To address the requirements of clients across the global alternative and institutional community, Linedata Global Hedge introduces Lua Programming scripting to extend system flexibility for real-time analysis and decision making.
The new release responds to regulatory obligations for greater interaction between managers and custodians by making it easier to store and manage the extra level of data required and improves handling of post-trade interfaces and SSI maintenance. Users also have access to new data sources from contributors including Thomson Reuters.
Extending its digital strategy, Linedata has updated its Clarity exceptions-based mobile dashboard for portfolio managers. The updated platform facilitates the integration of Linedata’s services and outsourcing solutions.
Commenting on the updates, Karen Hui, global product manager at Linedata, says: “Increasing regulation continues to drive dependency on electronic trading, digitisation and real-time reporting. It’s now more important than ever for managers to have access to the right data and technology to help them mitigate risks and manage costs. This version of Linedata Global Hedge responds to these challenges and prioritises our clients’ user experience.”
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