Linedata Services, a provider of investment management software solutions, has formed a partnership with Altaira to incorporate its premier cross-asset risk and analytics system into the Linedata Services product suite. Linedata Services will market the system under its own brand, Linedata Risk Analytics, as a stand-alone solution or in combination with its other solutions, particularly its Beauchamp hedge fund suite and LongView trading system.
This move adds key functionality to Linedata's product suite, as the buy-side focuses on managing risk amidst increased market volatility and awareness of risk management. With Linedata Risk Analytics, Linedata Services' Beauchamp clients will have access to advanced analytics and risk management capabilities such as scenario analysis, stress testing, what-if analysis and Monte Carlo simulations. "With this partnership, Linedata Services strengthens the pre-eminent position of its investment management solutions, particularly in the hedge fund market," said Anvaraly Jiva, CEO and Chairman of Linedata Services, in a press release.