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BOSTON, MA, March 28, 2019 /24-7PressRelease/ -- Linedata (Euronext Paris: LIN), a global provider of credit and asset management technology, data and services, announced an agreement with ICE Data Services to provide a broad set of high-quality data and analytics to Linedata's clients on the occasion of its Linedata Exchange industry conference in New York today.
Linedata's strategy of combining technology, services, and data takes a significant step forward with this addition of comprehensive data and analytics from ICE Data Services.
Global asset managers use data as a strategic asset to facilitate critical investment decisions, improve operational effectiveness, and mitigate risk. With this agreement, Linedata expands its data business offering to provide ICE Data Services' fixed income evaluations, reference data, OTC derivatives data, global listed equity pricing, corporate actions/dividends, and suite of analytics, directly through its cloud-based solutions. This will offer Linedata's clients improved operational efficiencies through a fully managed service, and more efficient purchasing and use of data.
"Linedata is an established provider of asset management solutions and we're excited to offer access to our comprehensive pricing, reference data and analytics to their global network of clients," said Lynn Martin, President and COO of ICE Data Services. "With evaluated pricing on nearly three million securities and reference data on over 13 million instruments, we offer a broad range of data and analytics to power customers' pre-trade, trade and post-trade workflows."
"We continue to build out a cloud-based data and analytics strategy to support our clients' voracious need for optimized access to and leverage of data and tools to manage their complex business operations," said Gary Brackenridge, Head of Global R&D and North America for Asset Management at Linedata. "We are delighted to have ICE Data Services on board as one of the key providers of flexible, comprehensive data that will drive more effective decisions into our clients' workflows."
ABOUT ICE DATA SERVICES
ICE Data Services is part of Intercontinental Exchange (NYSE: ICE) and offers a broad range of data solutions including award-winning pricing and analytics, indices and exchange data via secure, flexible connections. These services help customers address their investing, trading, compliance and risk management requirements across a broad range of asset classes. www.theice.com/market-data
With 20 years' experience and 700+ clients in 50 countries, Linedata's 1300 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels. Linedata Exchange, a premier client and industry forum, is hosted annually in Asia, Europe and North America. The next Linedata Exchange will be in London in June 2019.
Headquartered in France, Linedata achieved revenues of EUR 173.2 million in 2018 and is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP. www.linedata.com
Tel: +1 617 912 4844
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