LINEDATA GLOBAL HEDGE OPERATIONAL POWER IN YOUR HANDS BLAB_4P_210X297_GLOBAL HEDGE_SEPT2013_V4.indd 1 25/09/13 14:04
IN THE HEDGE FUND MARKET, THE QUEST FOR ALPHA CONTINUES The challenges hedge funds face are greater than ever. Increased investor requirements mean that robust, fl exible systems from proven organizations are required to deliver transparency, automation and control. Regulations, too, continue to present a challenge as they are reviewed, clarifi ed, updated. Services and technology solutions must be able to adapt quickly to regulatory changes, new instrument types and altered workfl ows. With so many extra demands, overheads rise, margins are squeezed and fi nding Alpha is even harder. LINEDATA HAS 15 YEARS OF EXPERIENCE IN DEALING WITH HEDGE FUNDS Our 200+ hedge fund clients, from some of the world s largest to recent start-ups, stand testament to our expertise, knowledge and commitment to this sector. GROW YOUR BUSINESS WITH A LONG-TERM PARTNER Linedata is a global solutions provider specializing in the investment management and credit markets. Operating in 50 countries, we take a partnership approach to business and are proud to say that 80% of our clients have been with us for over 10 years. We are independent, service-driven and committed to innovation, making long-term investments in our solutions and services to meet our clients needs now and in the future. BLAB_4P_210X297_GLOBAL HEDGE_SEPT2013_V4.indd 2 25/09/13 14:04
LINEDATA GLOBAL HEDGE COMPREHENSIVE, MODULAR, SCALABLE INTEGRATED AND FLEXIBLE PLATFORM Take only the elements you need. Add functionality as required. FROM TRADING TO CORPORATE ACTIONS TO MASTER-FEEDER STRUCTURES Linedata's innovative technology also takes in partnerships with recognized third party suppliers. OUTSTANDING MANAGED SERVICES From full hosting to expert hedge fund technology consulting, we can meet your individual needs. DRIVEN BY INNOVATION Innovation is central to our technology development. To meet the exacting demands of the industry our products have open APIs and intuitive front ends. We use the same technology shell for development across the board and focus on delivering solutions which are easy to use and to manage, enabling clients to do as much or as little work themselves as they wish. INVESTOR-READY Proven solutions from an established provider with excellent credentials. LINEDATA GLOBAL HEDGE: COMPREHENSIVE FUNCTIONALITY AND EXTENSIVE SERVICES BLAB_4P_210X297_GLOBAL HEDGE_SEPT2013_V4.indd 3 25/09/13 14:04
" Post implementation of the Linedata solution, we were able to reduce the time spent on, and increase the reliability of, trade notification processes, as this became largely automated. We have also achieved efficiencies in the areas of interface with our Custodian / Administrator; linkage to our data provider and in reporting due to the flexibility of the functionality. " DUSAN STIPALA VICE PRESIDENT OF ITHUBA CAPITAL Linedata as a company is a good match; it s an independent, sustainable software house with no brokerage activity, and is a publicly quoted company with a stable, diverse client base. As this is a business infrastructure "investment, these are key considerations. " ED CALKINS COO OF RGM CAPITAL " We use Linedata for portfolio management. It gives us a comprehensive view of our portfolio, as well as the in-depth data we need, enables us to easily reconcile funds and provides our daily NAV. The reporting is particularly important functionality for us, and enables us to tailor reports for specific needs within our business. " ABIGAIL HILLS COO OF SOFAER CAPITAL We needed a solution that would help us track, manage, view and report our managers portfolio positions, to check for consistency with disclosures, and to meet the increased investor and regulatory demands. Linedata s hedge fund platform gives us the flexibility to cater our workflow for each strategy and produce "comprehensive reports for both managers and investors. " SARA MALAK CO-FOUNDER AND CHIEF COMPLIANCE OFFICER OF THE ALPHA COOPERATIVE " " " NORM KUMAR CIO AND CCO OF RADIANT INVESTMENT MANAGEMENT the fact that we have the system hosted by Linedata means we do not need to invest in the overhead of an IT department to run it. CONTACT US: www.linedata.com getinfo@linedata.com New York : +1 212 485 8580 London : +44 207 7469 8666 Paris : +33 1 46 11 70 00 Hong Kong : +852 3583 7900 BLAB_4P_210X297_GLOBAL HEDGE_SEPT2013_V4.indd 4 25/09/13 14:04
TRADING AND ORDER MANAGEMENT EXPERIENCE SMARTER TRADING WITH LINEDATA GLOBAL HEDGE TRADING AND ORDER MANAGEMENT TRADING DASHBOARD REPORT Ground-breaking trading suite for multi-currency, multi-asset class, multi-site support. Linedata Global Hedge Trading and Order Management delivers a clear, real-time view of market value, exposure and P&L, helping you to optimize your portfolio, make better-informed trading decisions and get your orders to market faster. Our next generation trade blotter is fast and intuitive, streamlining the trading process and making available hundreds of trading destinations, for all electronically traded asset classes, across the globe. Providing pure broker neutrality, total cost of ownership is transparent and easy to assess. BLAB_7 FICHES_210X297_1_SEPT2013_V5.indd 1 25/09/13 14:06
TRADING AND ORDER MANAGEMENT ORDER MANAGEMENT - Single trading platform - Global asset coverage - Pre-trade compliance - Optimized workflows - Portfolio modelling and execution - Rebalancing: quick replication of investment strategies across different structures - Advanced execution analysis to ensure best execution and trading strategies - 400+ trading destinations including access to over 35 broker algo suites - Outstanding data visualization and data management BLAB_7 FICHES_210X297_1_SEPT2013_V5.indd 2 25/09/13 14:06
PORTFOLIO MANAGEMENT AND MIDDLE OFFICE GAIN TOTAL CONTROL OF YOUR PORTFOLIOS WITH LINEDATA GLOBAL HEDGE PORTFOLIO MANAGEMENT CUSTOMIZABLE SCREENS, FAST DATA ACCESS We provide the tools to allow you to manage your positions and cash effectively whatever your investment style or strategy. Linedata Global Hedge Portfolio Manager delivers a single, consolidated view of positions, P&L and exposures for your front, middle and back office, removing the need to reconcile spreadsheets and giving you the ability to accurately calculate your own daily NAV. With an intuitive, easy-to-use interface, customizable dashboard and widgets, you can configure your workspace to suit your role and your requirements. BLAB_7 FICHES_210X297_2_SEPT2013_V4.indd 1 25/09/13 14:06
PORTFOLIO MANAGEMENT AND MIDDLE OFFICE PORFOLIO MANAGEMENT - Customizable dashboard and widgets - See all your positions and exposures at a glance in one view. - Full historic position keeping with audit trail - Flexible strategy hierarchy for detailed attribution of P&L with alerts - Real-time reporting of positions, exposures & P&L - Intuitive, easy to use interface - Market Data monitor widget - ReportViewer widget with graphs - Trade blotter with FIX connectivity to brokers / third party EMS Trade bulk functions and trade search Bulk processing of stock loans - Simple trade capture and management for listed and OTC - Automatic trade transmission to prime-brokers and custodians - Automated corporate actions - Detailed cash management with full audit history of every trade - Interest and position fi nancing for net P&L and cost analysis of strategies - Automated reconciliation of holdings, cash and trades to third parties - In depth, fl exible historic P&L reporting and analysis - Position valuation and NAV calculation - Fund performance measurement - User-customizable reporting tools - Available via ASP or locally installed - Flexible and standardized technology - Comprehensive.Net API available BLAB_7 FICHES_210X297_2_SEPT2013_V4.indd 2 25/09/13 14:06
PRE AND POST TRADE COMPLIANCE MANAGE YOUR INVESTOR AND REGULATORY REQUIREMENTS WITH LINEDATA GLOBAL HEDGE COMPLIANCE COMPLIANCE Our enterprise compliance monitoring and breach management solution focuses on simplifying the complex business requirements of hedge funds, delivering comprehensive, fast compliance monitoring across all assets, markets and company locations within a single instance. The robust, real-time Linedata Global Hedge Compliance offers comprehensive pre- and post-trade monitoring of investment restrictions including client, firm, prospectus and regulatory mandates while meeting the most stringent audit trail requirements. Intuitive rule template building wizards provide non-technical business users with the ability to create and maintain their own restrictions. BLAB_7 FICHES_210X297_3_SEPT2013_V4.indd 1 25/09/13 14:06
PRE AND POST TRADE COMPLIANCE - Regulatory, company-wide and client-directed restrictions, including UCITS rules - Real-time pre-trade compliance monitoring - Regional / market driven post-trade compliance monitoring - Flexible and intuitive breach management workflow - Multi-level pre-trade breach overrides - Full breach, rule assignment and data audit trails - Counterparty exposure monitoring - Extensive rule template library - Flexible rule template wizard allows user determined variables on assignment for any data item referenced within the rule - Dynamic look-through capabilities on funds and derivatives - Master / Feeder Fund of Fund support - Benchmark / Model deviation BLAB_7 FICHES_210X297_3_SEPT2013_V4.indd 2 25/09/13 14:06
RISK ANALYTICS INTEGRATE RISK ANALYTICS FOR TRUE RISK EVALUATION WITH LINEDATA GLOBAL HEDGE RISK SOLUTIONS INTERACTIVE RISK MONITORING Linedata Global Hedge has open APIs which enable integration with your chosen risk solution. What s more, Linedata has partnered with Riskdata to provide a range of services for Linedata Global Hedge clients, such as daily risk reporting, interactive risk monitoring and pre-trade risk simulation: "PLUG-AND-PLAY" DAILY RISK REPORTING: Riskdata s reporting module is integrated into Linedata. Users can immediately access a daily risk reporting service. They can implement the most stringent risk-management and regulatory procedures without the need for costly integration projects. INTERACTIVE RISK MONITORING: On a trade-by-trade basis, with no latency, risk officers and principals can monitor portfolio risk according to a broad range of metrics and interactively drill down risk concentrations by relevant classifiers. There is the ability to detect hot spots on time, even in highly turbulent markets. Problems can be rectified with just a few quick clicks. PRE-TRADE RISK SIMULATION: Portfolio managers can instantaneously evaluate the impact of new trades or strategies on their aggregated risk, accounting for all correlations and pay-offs, however sophisticated, and ensuring compliance with investment guidelines even under rapidly-changing market conditions. BLAB_7 FICHES_210X297_4_SEPT2013_V4.indd 1 25/09/13 14:05
RISK ANALYTICS RISK REPORTING - Cross-asset class, encompassing a broad range of derivatives - Broad range of risk indicators: Value-at-Risk, CVaR, stress tests, crisis simulation, greeks - Monte-Carlo & Stress scenarios with full reevaluation - Risk attributions across all relevant classifi ers for each fund style - Risk historization for back-testing - What-if trade scenarios in a fraction of a second - Risk reporting on UCITS and other regulatory directives BLAB_7 FICHES_210X297_4_SEPT2013_V4.indd 2 25/09/13 14:05
INVESTOR ACCOUNTING DELIVER ACCURATE INVESTOR INFORMATION WITH LINEDATA GLOBAL HEDGE INVESTOR ACCOUNTING INVESTOR ACCOUNTING You can easily manage all aspects of investor interaction, from capital activity and investor profiles, straight through to contact history with Linedata Global Hedge Investor Accounting. It includes investor allocations and performance fee functionality, meeting the demands of a complex, multi-tiered fund. BLAB_7 FICHES_210X297_5_SEPT2013_V4.indd 1 25/09/13 14:05
INVESTOR ACCOUNTING - Allocates Income / Expense buckets - Master / Feeder and Tiered structures - Allocations Top Down from Master to Feeders to Funds Definable Allocation Basis Currency Exchanges - Investor P&L Allocations - Special Allocations: Side Pockets Class Specific and New Issues - Fees: Fund / Class / Investor level Asset-based, Performance and Fixed Calculated at Each Level of the Structure Performance Fee Equalization and Series Rollups - Flexible Reporting BLAB_7 FICHES_210X297_5_SEPT2013_V4.indd 2 25/09/13 14:05
REPORTING WIN COMPETITIVE ADVANTAGE WITH LINEDATA GLOBAL HEDGE REPORTING Our brandable web-enabled reporting package delivers transparency, automation and satisfies the reporting requirements of the most exacting clients. Linedata Global Hedge Reporting has the power to create standardized or custom reports to suit your business, helping you distribute information and mitigate risk. No programming knowledge or expertise is needed to use our advanced data capture and easy to use drag-and-drop report designer. Designed to interface with the data and business logic in Linedata Global Hedge for accuracy and security, our reporting solution improves workflow and delivery capabilities, including a task scheduler to produce automated monthly reports. It streamlines your internal and client communications, giving you the competitive edge to differentiate your offering and grow your business. SAMPLE REPORT BLAB_7 FICHES_210X297_6_SEPT2013_V4.indd 1 25/09/13 14:05
REPORTING - Drag-and-drop report designer - Out-of-the-box report templates available including preconfi gured and extensible data libraries and customizable dashboard views - Access and views permissioned by user - Interactive data grids for real time sorting and grouping - Graphing and charting features - Event or time based generation and delivery - Flexible delivery mechanisms (FTP, e-mail, network directory) - Document browser to retrieve historic reports - SLA tracking and data review workfl ow management - Permissionable real-time alerting and notifi cations - Web interface enabling easy internal and external user access ON-LINE PORTAL VIEW BLAB_7 FICHES_210X297_6_SEPT2013_V4.indd 2 25/09/13 14:05
SERVICES LINEDATA HAS A SERVICE CULTURE AT ITS HEART AND OFFERS A WIDE RANGE OF OPTIONS TO OUR CLIENTS HOSTING Linedata has over 20 years of hosting experience and all the modules of Linedata Global Hedge are available as hosted or remotely managed as well as deployed. Hosting takes place in state-ofthe-art SSAE 16 Level II / ISAE 4302 data centers with disaster recovery, business continuity and a dedicated global operations team available 24x7. Regular product and hardware upgrades are included as part of the package. CONNECTIVITY MANAGEMENT Linedata Lynx provides all the connectivity services you need to trade globally with over 3,500 connections to over 400 FIX-enabled destinations, exchanges, trading portals, ECNs, algorithmic trading engines and ATSs. The Linedata Liquidity Alliance Program (LAP) provides seamless access to liquidity pools across all asset types, bringing multiple trading and liquidity destinations to our trading desktop from the top execution venues around the globe. BLAB_7 FICHES_210X297_7_SEPT2013_V4.indd 1 25/09/13 14:04
SERVICES CUSTOMIZATION : WORKFLOW AND TECHNICAL CONSULTING Linedata Advisory Services comprises experts who understand the hedge fund world and your challenges. The comprehensive services include: - Project management - Database upgrades and migrations - Best practices - Workflow analysis and creation - Business unit and solution expansion COMPLIANCE MANAGED SERVICE INFO Linedata Application Development Services delivers business solutions to clients around the globe from our extensive group of technology specialists. Our senior-level experience in multiple software engineering platforms includes:.net, MS SQL Server and more. GLOBAL SUPPORT: Linedata provides the highest level of client service with follow-the-sun support - Expert staff in local offices with multi-office support available - Tiered support - Fully automated client support system We also offer extensive training services from quick-start programs to custom-designed courses. COMPLIANCE MANAGED SERVICE INFO Linedata experts help firms take advantage of streamlining workflows, reducing risk and improving performance through our Compliance as a Service offering. This service provides a low up-front cost, hosted solution for firms to obtain rule writing services and/or timely post-trade compliance reporting on their portfolios. BLAB_7 FICHES_210X297_7_SEPT2013_V4.indd 2 25/09/13 14:04