LINEDATA RE-BRANDS ALTAIRA RISK ANALYTICS SYSTEM

Posted July 14, 2008

PARIS – Investment management software solutions provider Linedata Services has entered a partnership with Altaira LLC to incorporate the company’s cross-asset risk and analytics system into the Linedata Services product suite.

Linedata Services will market Altaira’s system under its own brand, Linedata Risk Analytics, as a stand-alone solution or in combination with its other solutions, particularly its Beauchamp hedge fund suite and LongView trading system.

“With this partnership, Linedata Services strengthens the pre-eminent position of its investment management solutions, particularly in the hedge fund market,” says Anvaraly Jiva, Chief Executive Officer and Chairman of Linedata Services.

Linedata Risk Analytics will provide Beauchamp clients with advanced analytics and risk management capabilities such as scenario analysis, stress testing, what-if analysis and Monte Carlo simulations. Linedata Risk Analytics serves fixed-income and credit asset class in particular, according to the companies.

“Risk management has assumed an even greater importance in the last year as global markets have been stressed,” says Blaise F. Labriola, Managing Director of Altaira. “With Altaira’s complex analytics and risk-management capabilities, funds now have the ability to measure and monitor the analytics and risk of financial products and portfolios – using any real time data feed.”