Vertex One Asset Management leverages Linedata’s Global Hedge Technology enabling new fund launches and continued Growth

Vertex One Asset Management leverages Linedata’s Global Hedge Technology enabling new fund launches and continued Growth
02.06.2015 01:00 am

Vertex One Asset Management leverages Linedata’s Global Hedge Technology enabling new fund launches and continued Growth

inedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that its client Vertex One Asset Management (Vertex One), a client since 2012 utilizing Linedata Global Hedge for real-time P&L, valuation, trading, reporting and compliance, has experienced significant growth due in large part to the technology of Linedata Global Hedge and partnership with Linedata. The Linedata Global Hedge Platform and team have provided a competitive edge allowing for improved client experiences & operational service excellence. 
Established in 1997, the Vancouver, Canada-based Vertex One manages $2.1 Billion CAD in assets. Vertex One manages six investment funds, including the Vertex Fund, one of the largest hedge funds in Canada. To support the firms’ evolution, Vertex One relies on Linedata’s Global Hedge team for their multi-strategy domain expertise, and consider them a valuable extension of Vertex One’s core team, and a true middle office partner
I see Linedata’s distinguishing feature as being the team behind the technology. They strive to form partnerships and display a dedication to providing a customized solution. Generally, everyone has capable technology but not everyone creates goodwill. That’s the key ingredient when engaging a service provider long-term and why we partnered with Linedata”, said Rob Binnington Manager of Operations and Marketing at Vertex One.
“We are delighted that Vertex One has chosen and continues to rely on Linedata Global Hedge to grow and expand its business,” said Gary Brackenridge, Global Head of Hedge Funds at Linedata. “Our partnership with Vertex One is typical of an industry trend, as more hedge funds look for strong partners who demonstrate an understanding of their business requirements and implementing tailored solutions that can facilitate their corporate growth. Firms today want a team of experts that become an extension of their core teams without adding overhead and headcount, they purchase people not software.” 
Linedata Global Hedge includes trading, order management, portfolio management, compliance, reporting, and investor accounting.”

Related News

IAMAI to host world’s largest virtual Global Fintech Fest

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising... Read more »

Lemonade Raises $319 Million In U.S. IPO

Lemonade, which is backed by SoftBank Group Corp, is set to raise $319 million in its U.S. initial public offering and Lemonade, Inc. (“Lemonade”) today announced the pricing... Read more »

Rise in M&A predicted as retail banks navigate post-COVID crash, latest Kearney analysis reveals

Analysis from global consultancy partnership Kearney predicts a rise in mergers and... Read more »

Wolters Kluwer triumphs in operational risk awards

The ... Read more »

Reuters Events Discuss the Resilience of the Energy Market Through Volatility

Reuters Events will be hosting a free online webinar series focused on commodity trading and commodity value chains.

The energy industry has never seen a year like it.... Read more »

Sidetrade Joins the Ranks of Euronext’s Rising Tech Stars

Sidetrade (Euronext Growth: ALBFR.PA), the artificial intelligence platform dedicated to accelerating company revenue and cashflow, has earned the European Rising... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel