The tool is expected to help the company meet its sophisticated portfolio requirements and growing need for strong automation and audit capabilities.
The wealth manager said that the system will support its growth as well as satisfy requirements to carry out analysis at the strategy and fund levels.
The system is equipped with the trade blotter with FIX connectivity to brokers’ capability, which delivers optimum efficiency in the trading strategies and assists in reducing operational fixed cost.
Additional functionalities of the software include its ability to perform real-time performance attribution, FIX-based trade allocation, reporting and accurate NAV reconciliation, claims the firm.
Founded in 1997, the asset management company operates in managing investment portfolios for individuals including personal holding companies, RRSPs, RRIFs, and family trusts.
Serving more than 700 clients in 50 geographies, Linedata provides innovative and tailored mission-critical software and services to the financial firms.
