New portfolio management mandate for Linedata 01 June 2016Greenville, Delaware Reporter: Stephanie Palmer
Image: Shutterstock
US fund manager Friess Associates has opted for Linedata’s range of portfolio management solutions.
Linedata Longview for asset managers offers a single platform of execution management tools and portfolio management tools, with flexible configuration that can be tailored to the various roles of users. It can also provide compliance and reporting capabilities.
It is intended to help streamline workflows while reducing operational risk and costs and improving efficiency.
Friess Associates has $1 billion in assets under management.
“We chose Linedata’s Longview order management solution because it’s an easy-to-use, customisable system with a competitive price,” said Dave Marky, CEO of Friess Associates. “We believe Linedata is the kind of partner we can count on to contribute to our mission to serve our clients at the high levels they expect and deserve.”
Gary Brackenridge, head of asset management at Linedata, said: “We are very excited to embark on this partnership with Friess Associates. By working very closely together, we fully understand, prioritise and provide solutions to meet their clients’ current, short-term and long-term needs. Embracing this strong partnership approach gives our clients the competitive edge they need to successfully grow their business.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 