Linedata Releases New Version of Portfolio Management Tool

Linedata has released the latest version of its Beauchamp portfolio management system, which includes workflow enhancements for corporate actions, stock loans, CDS, and swap financing.

There is an interactive calendar for managing corporate actions and one screen which unifies all stock loans, resettable with a single mouse click. There is improved automation of tracking position-level financing costs so that P&L can be fully attributed down to the individual investment level.

The vendor believes hedge funds will find appeal in these enhancements as they seek to improve middle office functionality in light of increased regulatory demands, increased numbers of counterparties, custodial relationships and investor tracking.

"The latest enhancements to Linedata Beauchamp deliver a more streamlined middle office infrastructure, with a focus on developments which save on time and resources," says Ed Gouldstone, head of hedge fund product strategy at Linedata. "The strong data visualization tools in the new version of Linedata Beauchamp, together with enhanced middle office workflows, deliver greater automation, efficiency, better transparency than ever and a competitive edge to our clients."