Linear Investments UK, a global alternative asset manager, has TradingScreen’s TradePrime front-office solution encompassing execution management, order management, compliance, risk and multi-broker and administrator connectivity for hedge funds, all delivered through the cloud.
TradePrime connects the TradingScreen’s TradeSmart execution management system (EMS) to comprehensive order management system functionality usually found in locally installed OMS platforms, according to the release. This technology breakthrough allows Linear Investments to avoid the typically long cycle and high costs of onsite implementation, while leveraging the globally deployed product master, order manager, position serve and network services of TradingScreen’s TradeNet. “TradePrime is a step in the right direction towards the future of hedge fund technology,” commented Jerry Lees, CEO of Linear Investments in today’s release. “An advanced multi-asset EMS, integrated with position management and order management functionality, compliance and risk, all delivered via the cloud, represents an exciting number of cost and efficiency savings for us.” All other services needed to operate an investment fund – from position collection, to risk, pricing and compliance services – complement the TradePrime offering right out of the box and is fully integrated instead of the multi providers approach retained traditionally. The new functionality lets the buy side manage all of its multiple workflows on a single screen, from a single integrated and globally deployed database. “We are proud to be working with a premier firm like Linear Investments,” stated TradingScreen CEO Philippe Buhannic in the firm’s release.“Many organizations are realizing the enormous savings and risk controls improvements of having a multi-asset, multi-broker system that combines all the key front-office workflows in a single, in the cloud platform.”
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio