Linedata Compliance to ease regulatory requirements
01 July 2014 New York
Image: Shutterstock
Linedata has released the latest version of Linedata Compliance, which offers a real-time system with investment monitoring that introduces “as-of” compliance capabilities and expanded user-defined controls.
With tougher regulations in place, the solution will allow asset servicers to improve strategic planning and to better position firms to deliver value-adding service to clients.
Linedata Compliance focuses on consolidating existing complex business requirements and workflows of compliance officers at fund administrators, global custodians and asset managers.
The “as-of” compliance allows clients to store historical data and run post-trade investment compliance for any selected effective date, recreating specific portfolio situations.
Bob Proctor, vice president of font office asset management product strategy at Linedata, said: “Our asset servicer clients require a core compliance environment to meet regulatory demands and lower operational risk.”
“With compliance having shifted from being a mere ex-post monitoring element into being a vital strategic planning tool within an organisation, meeting the complex demands of regulators and clients will better position [asset servicers] for future growth.”
He added: “Linedata Compliance, coupled with our service offerings, including Linedata Disclousure Services, positions our clients for continued success.”
With tougher regulations in place, the solution will allow asset servicers to improve strategic planning and to better position firms to deliver value-adding service to clients.
Linedata Compliance focuses on consolidating existing complex business requirements and workflows of compliance officers at fund administrators, global custodians and asset managers.
The “as-of” compliance allows clients to store historical data and run post-trade investment compliance for any selected effective date, recreating specific portfolio situations.
Bob Proctor, vice president of font office asset management product strategy at Linedata, said: “Our asset servicer clients require a core compliance environment to meet regulatory demands and lower operational risk.”
“With compliance having shifted from being a mere ex-post monitoring element into being a vital strategic planning tool within an organisation, meeting the complex demands of regulators and clients will better position [asset servicers] for future growth.”
He added: “Linedata Compliance, coupled with our service offerings, including Linedata Disclousure Services, positions our clients for continued success.”
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