Linedata has been selected by ICBC Asset Management Global for its cross-platform investment solutions.
ICBC Asset Management is replacing its internal systems with Linedata’s solutions and robust reporting to manage its custodian interfaces, as well as increased client asset and trade flow across multiple fund types.
The firm will implement these portfolio management capabilities to help expand its fund line-up throughout this year, including equity, fixed income, money markets, derivatives and private equity offerings.
Tian Lin, managing director and COO, ICBC Asset Management (Global), commented: “We chose Linedata because its leading portfolio management tools, connectivity with multiple third parties, and support for streamlined workflows will allow us to scale our operations while reducing risk, benefiting both ICBC Asset Management and our clients.”
“Our partnership with Linedata provides our team with a customisable, high-performance platform that will give us the power and flexibility to meet our clients’ growing needs.”
Sally Crane, managing director at Linedata Asia, added: “We are thrilled to partner with ICBC Asset Management (Global). Our dedicated team at Linedata collaborated closely with the ICBC team to deeply understand their business and operational roadmap and ensure that they are well positioned for growth and continued success.”
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