BUSINESS WIRE – NEW YORK – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that Friess Associates, a growth oriented fund management group, with over $1 billion of assets under management, has selected its comprehensive range of investment management solutions.
Linedata Longview for Asset Managers offers a single platform that reduces cost and operational risk by creating efficiencies, offering a flexible configuration, asset-specific workflows and an interface that can be tailored to the various roles of disparate users. It also provides enhanced portfolio management tools and workflows, expanded execution management tools and analytics, streamlined allocation tools, advanced compliance monitoring, and integrated portfolio analytics with performance measurement and flexible reporting.
“We chose Linedata’s Longview order-management solution because it’s an easy-to-use, customizable system with a competitive price”, said Dave Marky, Friess Associates Chief Operating Officer. “We believe Linedata is the kind of partner we can count on to contribute to our mission to serve our clients at the high levels they expect and deserve.”
“We are very excited to embark on this partnership with Friess Associates. By working very closely together, we fully understand, prioritize and provide solutions to meet their clients’ current, short term and long term needs. Embracing this strong partnership approach gives our clients the competitive edge they need to successfully grow their business”, says Gary Brackenridge, Head of Asset Management at Linedata.
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.
ABOUT FRIESS ASSOCIATES LLC
Founded in 1974, Friess Associates LLC manages more than $1 billion of assets under management on behalf of institutions and individual investors. Friess Associates specializes in growth-equity investing, offering growth portfolios that span the entire market-cap spectrum. The firm’s time-tested investment strategy emphasizes individual-company fundamentals as the primary influence on stock prices. Exhaustive, company-by-company research is the key to the Friess approach. Employee-owned, the firm’s interests are aligned with the investors it serves. Friess Associates teammates, past and present, represent the largest single investor group in the portfolios that the firm manages. Friess Associates operates from offices in Greenville, Delaware, and Jackson, Wyoming. For more information, please visit www.friess.com.