Linear Investments Achieves Significant Operational Efficiencies using SS&C's Geneva and Syncova
WINDSOR, Conn., Feb. 17, 2016 /CNW/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that Linear Investments Limited has achieved increased operational efficiencies since selecting Geneva® and Syncova®, two key offerings from SS&C Advent's suite of solutions for hedge funds and prime brokers.
Linear, a London-based, full-service investment manager and boutique prime broker, has been live with Geneva® for portfolio management and Syncova® for collateral management since October 2015 and has already seen increased operational efficiency. With Geneva® and Syncova® now integrated into its operations, Linear has de-risked its margin calculations, resulting in reduced operational risk and the ability to provide the higher level of transparency clients expect in today's market environment.
Linear expects the SS&C solutions to lay the groundwork for a stronger infrastructure that will support its long-term growth plans.
"The choice to partner with SS&C's solutions for our technology needs is ultimately an investment in Linear's future growth," said Norman Hartmann, COO, Linear. "We are committed to maintaining a leading market position and foresee an opportunity for Linear to fill the void for clients that traditional banks are backing away from as they continue to deleverage. We are very much in tune with these evolving shifts in the investment landscape and are actively preparing Linear's infrastructure to maximize our ability to provide the highest level of service to a broadening client base."
With SS&C, Linear can provide proactive, quick, and accurate service to further differentiate the firm from its competition. The combination of Geneva® and Syncova® gives Linear broad instrument coverage, flexible configuration and reporting options, and the transparency to drill-down and explain client margin and financing costs.
"SS&C's new relationship with Linear is a perfect example of how we partner with clients to ensure their success," said Lars Mellgren, Vice President, EMEA Services, SS&C. "We are proud of our unique ability to address emerging demands to minimize operational risk and manage costs while also providing the deep local expertise clients need to succeed. We are incredibly excited to work with Linear as it evolves to continue competing at a high level in a changing industry landscape."
Geneva® and Syncova® are well-established, tried and tested software platforms that are relied upon by many leading players in the industry. As the leading portfolio management solution for alternative asset managers, Geneva® supports the most complex global strategies for hedge funds, administrators, prime brokers, global asset managers, private equity, and funds of funds. Syncova® brings automation to the collateral management process for greater accuracy, speed, and efficiency, with support for all asset classes. By helping firms become more nimble and responsive to market changes and client demands, these scalable solutions play a key role in helping firms meet and accelerate growth objectives.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 10,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients manage an aggregate of over $44 trillion in assets.
Additional information about SS&C (NASDAQ: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, Linkedin and Facebook.
Logo - http://photos.prnewswire.com/prnh/20150410/197838LOGO
SOURCE SS&C
For more information:Patrick Pedonti, Chief Financial Officer, Tel: +1-860-298-4738, E-mail: [email protected]; Justine Stone, Investor Relations, Tel: +1- 212-367-4705, E-mail: [email protected]; Media Contacts: Sarah Mason, Metia (UK), Tel. +44 (0)20 3100 3613, Email: ss&[email protected]; Megan Griffin, BackBay Communications (US), Tel: +1-617-556-9982 ext.221, Email: ss&[email protected], http://www.ssctech.com
Share this article