With the aim of meeting increasingly complex market requirements, Linedata is expanding its trading platform with enhanced portfolio management tools and workflows, expanded execution tools and analytics and streamlined allocation tools.
As markets continue to converge, firms are placing a greater emphasis on cost reduction, Linedata noted. As a result, they need robust and consolidated OMS and EMS technology platforms to quickly respond to changing regulatory and market needs.
Further, the regulatory move to market transparency and central clearing is resulting in major OTC market changes that affect every aspect of a firm from order generation to trading and clearing and will have an impact on the supporting infrastructure, Linedata stated in a release.
With the aim of responding to these changing market dynamics, Linedata’s platform now consolidates and manages prime broker holdings as a single portfolio, while simplifying and streamlining order generation and automatic pre-trade compliance.
Traders that want to view and analyze real-time detail of how each broker is executing orders can now do so through the newly introduced execution analyzer. A graphical display of real-time top and bottom outliers for over 30 key metrics allows traders to easily identify and focus on problem orders immediately.
The new version also offers prime broker allocation rules to enable straight-thru-processing and enhanced fixed income and SWAP workflows.
The Linedata Front Office Trading Platform is aimed at both institutional and alternative asset managers, large and small, and is offered in both a hosted or deployed environment.