TradingScreen’s TradeSmart has integrated with Beauchamp FundManager, Linedata Services’ flagship portfolio management system for hedge funds.
Linedata says the certified integration of the two systems offers a new level of trading efficiency to hedge fund managers and builds on the multi-asset class capabilities of both products. Without the need to re-key executions, clients will reduce time and human error, which together translate in to significant operational cost savings.
“This integration gives the hedge fund community the ability to meet new regulatory and market challenges,” says Philippe Buhannic, chairman and chief executive officer of TradingScreen. “Linedata’s Beauchamp and TradingScreen are leaders in their fields and it was both logical and efficient to take a best-of-breed approach.”
“Hedge fund requirements have evolved, arising from changes in market structure and the regulatory environment,” says Clare Flynn Levy, president of Beauchamp. “This, and the explosion of interest in electronic trading, has created a good case for us to collaborate with TradingScreen to provide an integrated solution that can be quickly delivered to address these new challenges.”