13 March 2017
London
Reporter: Drew Nicol
Linedata in fixed-income analytics partnership
Linedata is extending its partnership with Morningstar to provide fixed-income and credit derivatives analytics to its fund services clients.

The partnership is intended to address increasing demand from investment managers for global fixed-income products. According to Linedata, growth in the alternative mutual fund space and an increase in direct lending and private equity-type structures has led to a requirement for more robust and flexible systems.

Todd Roitfarb, head of fixed income products at Morningstar, said: “As the global fixed income market becomes more complex and as more managers move to gain international exposure, dealing with these complexities can become quite a burden.”

The partnership will pair Linedata’s Admin Edge fund administration platform with Mornigstar’s BondPro library of fixed-income and derivatives analytics an accounting calculations.

This will give fixed-income and alternatives administrators access to broader instrument coverage and more agility, providing better automation and faster time-to-market for new functionalities.

Roitfarb said: “Understanding the nuances of each market, and being able to keep up as they evolve, require constant vigilance, access to knowledge not easily available, and an ability to have flexible software that can evolve as well.”

Daniel Burstein, North America head of fund services at Linedata, added: “This partnership with Morningstar characterises our approach to providing timely, value-added services to our clients in the most efficient, cost-effective way. We know that an increasing number of our clients are dealing with the complexities of the fixed income and derivatives market.” “BondPro is the recognised leader in the provision of analytics and accounting calculations in this space and we are delighted to be able to make this software and expertise available to our growing client base.”

More mandate news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
LGPS board releases transparency code for managers
22 May 2017 | London | Reporter: Drew Nicol
Asset managers looking to claim mandates from the LGPS pooling initiative can now sign up to a new fee transparency code ahead of the April 2018 deadline
SS&C wins expanded Acadian mandate
17 May 2017 | Connecticut | Reporter: Drew Nicol
Acadian Asset Management cites collateral management and accounting expertise as key to SS&C mandate
Pension funds pick NT for sec lending
28 April 2017 | Belfast | Reporter: Stephanie Palmer
Northern Trust has secured its thirteenth Irish state pension fund as a securities lending services client
Euronext and ICE Clear partner up
05 April 2017 | Amsterdam | Reporter: Drew Nicol
Clearing operations will be run from Amsterdam, while a new asset financing solution will be built by Euronext and operated from Paris
Northern Trust retains Australian pension fund custody mandate
22 March 2017 | Melbourne | Reporter: Drew Nicol
Northern Trust has received a renewed endorsement from the Australian government employee and Australian Defence Force pension fund
Linedata in fixed-income analytics partnership
13 March 2017 | London | Reporter: Drew Nicol
Linedata is extending its partnership with Morningstar to provide fixed-income and credit derivatives analytics to its fund services clients
CloudMargin adds Nasdaq Clearing to collateral platform
13 March 2017 | London | Reporter: Drew Nicol
CloudMargin has secured Nasdaq Clearing as a user of its web-based collateral and margin management solution