Linedata, a solutions provider focused on the investment management and credit industries, reports that Paris-based Meeschaert Asset Management, founded in 1935, has implemented the vendor’s platform to manage front-to-back asset management workflow.
The Linedata platform includes:
- Longview, which provides portfolio management tools and workflows, execution management tools and analytics, allocation tools, compliance monitoring, and integrated portfolio analytics with performance measurement and flexible reporting, according to Linedata officials;
- Compliance, a real-time system, which offers pre- and post-trade monitoring of investment restrictions, including firm-wide, fund-specific mandates and regulatory constraints, while meeting audit trail requirements, Linedata officials say;
- Navquest, which streamlines the net asset value (NAV) validation process and ensures real time portfolio valuation analytical controls, per the company.
“Having an integrated solution for both front and middle office controls, including compliance, reconciliation, risk management and valuation enables middle office teams and risk managers to monitor these risks in real-time, as well as manage any discrepancy on a timely basis and reduce any subsequent impact,” say Linedata officials.
“Although we have delegated our trade support and fund accounting to various third-party administrators, we must retain compliance, risk management and NAV oversight of our clients’ portfolios,” Philippe Troesch, Meeschaert’s CEO, says in the Linedata statement. “Having decided to transition our operating model to our current model, concentrating on asset management and risk, and delegating all other activities, we turned to Linedata as our partner of choice,” Troesch adds.
Linedata Longview is integrated with the firm’s third-party administrators’ inflows, the compliance engine and NAV procedures, which “allow us to perform reconciliations and implement a full range of controls over our numerous funds, some of which have intricate investment restrictions,” Troesch says.
Need a Reprint?
Leave a Reply