Public Trust Advisors LLC has gone live on Linedatas Admin Edge fund accounting, investor administration and Web reporting platform. The investment adviser will use the platform to manage and administer investment accounts for public agencies.
Public Trust Advisors, a start-up investment adviser based in Colorado, manages the portfolios of the Colorado Local Government Liquid Asset Trust (COLOTRUST), which currently has assets under management of nearly $4 billion. The adviser reviewed three other solutions before settling on Linedata.
The real advantage of Linedata was a fully integrated solution, with systems which were designed to work together to achieve efficiencies and keep costs in check, says Greg Wright, CEO of Public Trust Advisors. A further benefit we have discovered is the Linedata staff. We are delighted with how responsive and timely they are; Linedata really wants to be our business partner. Our final requirement, which is based on our business model and approach, was a fully hosted solution as we did not want to get into the business of running hardware and managing disaster recovery.
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