Linedata launches "Linedata 2018", its strategy for Global Leadership

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17 February 2016

Linedata unveils its three-year strategic road map

Neuilly-sur-Seine, February 17, 2016 – Linedata (NYSE Euronext: LIN),the global solutions provider dedicated to the investment management and credit industries, presents “Linedata 2018″, the next phase of its RISE enterprise initiative.

Success of RISE

Launched in 2013, RISE aims to improve client satisfaction, modernise Linedata’s solutions and relaunch organic growth.

Three years on, results are highly promising. Initiatives like the interactive client portal, My Linedata, and new tools for tracking and analysing client satisfaction boosted Linedata’s Net Promoter Score (NPS) by 15 points between 2014 and 2015.

An increase of 50 % in R&D investments over the last three years has enabled Linedata to significantly renovate many components in the Linedata product range. This has earned Linedata a string of prestigious awards, including Global Custodian’s “Best Disruptive Technology” award for North America in 2014 and Europe in 2015.

“These initial successes with RISE are highly encouraging. The company returned to organic growth in the second half of 2015 and leading financial institutions continue to put their trust in us, both as new and returning clients. Building on RISE’s success, the Group is launching a new phase of its strategy, designed to make us the global market leader”, says Anvaraly Jiva, founder and CEO of Linedata.

“Linedata 2018″, an ambitious strategy based on product innovation and new streamlined governance

With “Linedata 2018″ the Group continues its transformation, launching a product strategy that represents a paradigm shift: open platforms that enable quick and deep integration of Linedata’s own applications and services with those of its clients and any third party they have chosen to work with.

“Our clients no longer want to be locked into monolithic solutions, or act as systems integrators, implementing an array of disparate components of variable quality. Our strategy leverages new technologies and innovative architectures to integrate best-in-class applications and services – Linedata’s, of course, but also those of our clients and third parties – so that we can deliver comprehensive solutions with exceptionally rich functionality. These platforms will be supplemented by high-value services such as market data, reporting and hosting. They will, in addition, satisfy the requirements of global markets and organisations”, explains Michael de Verteuil, Business Development Director at Linedata.

“Linedata 2018, a new phase in our development, will allow us to create tomorrow’s leading financial technology provider, with a broad range of solutions for large institutions and niche players. We will achieve this by working closely with our clients “, adds Anvaraly Jiva.

To support its strategy Linedata has created a new international governance structure focused on three business lines:

  • Asset Management, combining our portfolio management, trading and middle-office products. Bill Hughes, previously responsible for our Capitalstream business, will lead this Business Line
  • Fund Services, combining our investment accounting, transfer agency and end-of-day reporting solutions. Thierry Soret, in charge of this Business Line since 2013, will continue to lead it.
  • Lending and Leasing, combining origination and servicing for commercial and syndicated loans, equipment finance, consumer loans and car and real estate finance. Alain Mattei, previously responsible for Lending and Leasing in Europe will now lead the Business Line globally. He will also continue to manage our Insurance business.

This management team, alongside all our employees, is wholly dedicated to the 63,000 finance professionals who use Linedata solutions every day all over the world and all those who will work with us in the future. “In 2018 Linedata celebrates its 20th anniversary. But the journey is far from over. We are already thinking about 2025″, concludes Anvaraly Jiva.

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