The announcement reflects Jefferies' efforts to expand beyond core securities lending and research services to provide best-of-breed ancillary technology offerings to its hedge fund customers, a trend increasingly common across the prime brokerage industry.
According to Jack Wiener, executive vice-president at Linedata, the vendor will host the LongView OMS on behalf of Jefferies, and the prime broker will provide Linedata with relevant data from its hedge fund clients.
"Linedata will host Lon
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails