RiskTech Forum

Copper Street Capital Selects Linedata Portfolio Management and Compliance Software

Posted: 30 July 2019  |  Source: Linedata


Linedata (Euronext Paris: LIN), a global provider of lending and leasing, and asset management technology, data and services, announced that Copper Street Capital LLP, a leading UK-based global alternative investment firm, selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. Implementing Linedata’s solution empowers Copper Street to capitalize on new business opportunities, through access to real-time data, optimized operations and strategic oversight of its investment process.

Flexible technology and a vendor partner who understands your business is more critical than ever as global alternative managers face down the trifecta of demands for performance, transparency and cost management. Copper Street chose Linedata after a rigorous review and will benefit from enhanced oversight, scalability and workflow automation across a range of requirements, including real- time P&L and exposure, fund administrator reconciliation and robust compliance.

“Copper Street Capital drives superior returns for its investors utilising event driven strategies in the global developed financial service sector. Funds can be invested cross asset class in both equities and fixed income instruments, with an ability to be both long and short. Linedata’s comprehensive portfolio management capabilities position us to deliver, with more agile and efficient data and technology operations,” noted Kevin McCormack, Head of Middle Office at Copper Street. “Equally important to us, the Linedata team provides excellent support because they truly understand the demands of our business.”

“To enable critical decision-making, investment managers need access to real-time data and streamlined investment processes,” said Aldric Dupais, Head of Linedata Asset Management for Europe. “Linedata’s portfolio management platform allows leading managers, like Copper Street, to fully utilize our latest technology and data capabilities for an optimized investment environment and timely insights that help ensure high quality investment results and satisfied clients.”

Three of the 10 largest global hedge funds use Linedata’s portfolio management solutions, according to HFM’s latest Billion Dollar Club Report.