Cavendish Administration Teams with Linedata

Cavendish Administration, which supplies back-office support to funds and investment managers, will employ Linedata Icon to build a portfolio administration, fund accounting and reporting solution. Prior to this partnership, Cavendish had a proprietary tool but it found that it wasn't sophisticated enough.

Cavendish, which is based out of London, has $1 billion under management. Linedata now has 45 UK clients.

 

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