Major Upgrade of Linedata Mfact Offers Advanced Automation and Process Management Tools

    PARIS, FRANCE, January 11, 2017 /24-7PressRelease/ -- Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has launched a new version of its award winning fund accounting solution, Linedata Mfact.

Based upon client feedback and our continuous evaluation of market trends, Linedata Mfact offers a range of improvements designed to deliver increased operational efficiency and compliance with stringent regulatory requirements.

The new release offers greater integration with Linedata's business process management tool, Linedata Optima, which offers a rich set of customisable tools that sit across Linedata's suite of Fund Services products. This increased integration is designed to automatically bring areas of potential concern and improvement directly to the users' attention, without the need for detailed examination of reports, as well as providing an operational overview
at a glance.

Driven by a rapidly evolving regulatory environment, which has increased operating demands and costs, the latest version of Linedata Mfact delivers automated options processing, expanded STP integration with transfer agency systems, process consolidation, enhanced corrections handling and full scheduling of processing tasks. Reacting to recent regulatory changes for SEC registered money market funds, Linedata Mfact addresses amended reporting and data storage requirements.

Michael Galvin, Product Manager at Linedata, says: "Our clients find that regulatory and operational pressures can be relentless: our mission is to ease the pressure and react to their greatest concerns. Increased automation and seamless integration have been a major focus in this latest update to Linedata Mfact, allowing financial institutions manage more complex asset types and comply with their increased reporting and compliance burdens without incurring additonal costs. This is built upon an architecture which continues to offer clear reporting and audit trail capabilities."

ABOUT LINEDATA
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1000 employees in 16 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 172.3 million in 2015. This company is listed on Euronext Paris compartment B FR0004156297-LIN - Reuters LDSV.LN - Bloomberg LIN:FP.

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