Trading tools

Linedata adds real-time EMS features to LongView

Financial technology firm Linedata has launched version 7.1 of its LongView multi-asset-class order management system (OMS) for the buy-side.

The new version adds a range of features, including real-time execution management system (EMS) capabilities, straight-through processing of fixed-income transactions, electronic trading enhancements, a compliance rule-builder and improved counterparty risk exposure reporting.

In addition, LongView 7.1 includes full support for to-be-announced mortgages and electronic pool notification allocations for mortgage-backed securities, improved ease-of-use, connectivity to a range of fixed-income venues, a counterparty exposure dashboard and 14 new swap types.

LongView also offers embedded partner algorithms through its liquidity partner programme and full operations and support to all vendor venues and platforms – direct market access, ECNs, alternative trading systems and dark pools – through its LyNX electronic trading service.

“The so-called time-plus-zero environment, where trades and settlements occur in real-time, has created information overload at many buy-side firms,” said Gavin Little-Gill, executive vice president in charge of global front-office products at Linedata. “By integrating clear-cut workflows, intuitive execution management and real-time market data tools, Linedata Services has taken the lead by providing actionable intelligence to its clients.”