Vertex One signs up to Linedata 23 October 2012Toronto Reporter: Georgina Lavers
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Canadian investment firm Vertex One Asset Management is the latest client to sign up for Linedata’s new Global Hedge-hosted platform.
Jeff McCord, managing director of Vertex One explained of the choice: "In the portfolio management module of Linedata Global Hedge we have selected a solution which will help us improve on our alpha generation through better attribution and contribution analysis."
Rob Binnington, manager of operations at Vertex One, said: "Its ability to perform real-time performance attribution, FIX-based trade allocation, reporting and accurate NAV reconciliation were key selling features for us. As well, as a hosted client, we will automatically benefit from new features and technologies of the latest versions as they come on board.
“Thus, going forward we will continue to leverage the technology to enhance performance and manage costs. It's also good to know that Linedata has an expandable platform for compliance, accounting and other tools should we require these in the future."
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