Linedata introduces new features to its front-office platform
a solutions provider for investment managers and credit based industries, has enhanced its front-office platform to help the buy-side better deal with
incoming swaps regulations.
The new Linedata
front-office trading platform will
have enhanced portfolio management tools and workflows, expanded execution
tools and analytics and streamlined allocation tools, to meet the growing needs
of the buy side business.
New regulations in the US and
European OTC derivatives markets will from next year require many swaps to be
traded on exchange-like platforms, cleared through central counterparties and
reported to specifically-created data repositories.
Linedata’s front office trading
platform is designed to help investment managers meet the new rules by enabling
them to consolidate and manage prime broker holdings as a single portfolio,
while simplifying and streamlining order generation and automatic pre-trade
This latest version will also
offer prime broker allocation rules to enable straight-through-processing and
enhanced fixed income and swap workflows.
Linedata has also introduced an
execution analyser in the new version to help traders view how each broker executes
orders in real time. With the ability to look at multi-day views, traders can
track how each broker is doing versus a benchmark and see how an execution is
progressing. Additionally, a graphical display of real-time top and bottom
outliers for over 30 key metrics allows traders to easily identify and focus on
problem orders immediately.
“As markets continue to evolve, it is
essential that Linedata provide clients intuitive and scalable workflows for
executing trading strategies. Our solutions help buy side firms to be more
efficient with all their trading tools on one platform,” said Gavin
Little-Gill, global head of asset management product strategy at Linedata.
By Jaya Menon