Linedata Services, an investment software, solutions, and support provider, has launched an enhanced reporting package for both the LongView Trading Order Management System (OMS) and Linedata Compliance, an investment compliance system for the buy-side. This Linedata reporting module is accessible from both of these platforms or via the Internet, and empowers business users to create their own reports, and create detailed process tracking internally. The new reporting module meets growing demands by investors for the buy-side to provide enhanced customization around reporting in order to increase transparency and disclosure.
"Buy-side investors have seen a realignment of investor expectations in recent months, as wild fluctuations in the market make for a greater focus on transparency and process," said Jack Wiener, executive vice president of business development for the North America region, in a press release. "Fund managers love volatility because it creates a major opportunity for profit, but investors need additional assurances from the buy-side in the form of increased reporting of exposures. The Linedata reporting module makes it easy for the buy-side to provide those assurances, so they can focus on taking advantage of investment opportunities," he added.