April 23, 2014 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, announced Linedata Compliance has once again won the Compliance Award for Excellence from Global Custodian. This is the fourth award for Linedata Compliance in less than six months.
Linedata was recognized at the Global Custodian 2014 Awards for Excellence in London recently. For the first time, the awards included firms that are bringing real technology innovation to custodians, prime brokers, administrators and their end clients. Linedata received the excellence award for Linedata Compliance, which provides global custodians with the operational structure and principles to manage the complex compliance process. "Linedata is recognized for automating the compliance process and growing the functionality of its platform in order to meet the challenges of changing regulation," stated Janet Du Chenne, senior editor, Global Custodian.
"We are truly honored to once again be recognized by Global Custodian with this European Compliance Award for Excellence," remarked Anvaraly Jiva, Founder and CEO of Linedata. "As custodians and third party administrators are facing greater scrutiny from regulatory authorities, they aspire to have all their operations in compliance while continuing to grow. Our technological platforms such as Linedata Compliance enable them to differentiate themselves and help them to drive their growth."
Linedata Compliance is a customizable system that is comprehensive, accurate and scalable for both institutional and alternative custodians, administrators and asset managers. With over 85 clients globally, including some of the world's largest custodians, administrators and asset managers, Linedata Compliance offers a comprehensive approach to compliance with both global and regional expertise. The demands of the various regulations have increased the scope of demands placed on firms and driven the need for a new generation of compliance tools. This solution is available as an integrated solution either with existing proprietary/third party front and back office systems or with other Linedata solutions.
Linedata experts also provide Linedata Compliance Managed Service which enables clients to meet regulatory challenges across geographies and jurisdictions. This combined approach of compliance software and managed services enables clients across the globe to respond to their many regulatory needs and provides them with deep compliance expertise at both the global and local levels.
Since November 2013, Linedata has been awarded Buy-Side Technology's Best Buy-Side Compliance Product and the Award for Excellence in Compliance North America by Global Custodian. Additionally, Linedata was recognized by The Compliance Register Platinum awards for Best Technology Provider—Asset Management, Best Services Provider and was a runner-up for Best Technology Solutions Provider – Regulatory Reporting.
