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PARIS, FRANCE, November 22, 2017 /24-7PressRelease/ -- Linedata (Euronext Paris : LIN), the global solutions provider dedicated to the investment management and credit industries, announced it has received an award from Aite Group in a recently published Commercial Loan Origination study.
In noting the rational for this award, Aite Group stated that Linedata "rebuilt Linedata Capitalstream process by process over a period of nine months. The result is a solution with screens that are simpler and more elegant, and they also deliver more functionality than the prior version of Linedata Capitalstream. This was achieved primarily by populating screens with fewer objects, which are now more interactive than those that were previously available." Aite Group went on to say that "vendor stability, one of Linedata's strong suits, is driven by this vendor's high percentage of revenue invested as R&D, favorable reviews of management by end users, profitability, and this vendor's size as measured by both headcount and revenue."
Raegan Stuart, Executive Vice President, Head of Lending & Leasing North America, said: "We are thrilled to be honored with this award from Aite Group which confirms Linedata's commitment to invest in the Linedata Capitalstream solution, to continuously add value for our clients and to position the solution as best in class for our target market of leading lenders in commercial lending and equipment finance."
The Linedata Capitalstream origination and risk management solution automates disparate, paper-based and high-touch operations into a fully-integrated, straight-through processing solution. Linedata Capitalstream provides the business intelligence and process optimization that credit teams need to manage risk, assure compliance, streamline product delivery and grow customer relationships.
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1250 employees in 20 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 166.8 million in 2016. This company is listed on Euronext Paris compartment B FR0004156297-LIN - Reuters LDSV.PA - Bloomberg LIN:FP.
ABOUT AITE GROUP
Aite Group is an independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, wealth management, capital markets, and insurance, Aite Group's analysts deliver comprehensive, actionable advice to key market participants in financial services. Headquartered in Boston, Aite Group works with its clients as a partner, advisor, and catalyst, challenging their basic assumptions and ensuring they remain at the forefront of industry trends.
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