Longview OMS is part of Linedata’s offering for alternative investment managers and offers integrated pre-trade compliance and managed accounts capabilities.

RGM Capital COO Ed Calkins said Linedata Longview fitted our needs for a front office hosted solution with an intuitive interface, scalability and proven expertise.

"Equally important for us, 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," added Calkins.

RGM Capital has opted to use Linedata Hosting, and will employ Linedata’s hosting capabilities to run their front office, particularly in the areas of trade allocation and compliance, and connectivity services for electronic trading.

RGM Capital expects Linedata’s OMS will help it address the complexities associated with a rise in both investor and entity numbers, by automating its front office processes.

Linedata noted the deal will help expand its presence in the North American alternative investment management and hedge fund market.