BMI chooses Linedata’s front office solution for its asset management businesses
BIL Manage Invest (BMI), has selected Linedata Front Office Platform to manage its front-to-back asset management operations
BIL Manage Invest (BMI), the management company of Banque Internationale à Luxembourg (BIL), has selected Linedata Front Office Platform to manage its front-to-back asset management operations across its investment funds.
The Linedata Front Office Platform will combine the Linedata Longview, Linedata Compliance, Linedata Navquest and Linedata Reporting modules offering an integrated global approach to portfolio management, trading, compliance, and reporting within a single solution.
The platform will facilitate BMI to support its long term growth and build a technology infrastructure to adapt and scale its business in the dynamic regulatory environment.
BMI conducting officer and chief risk officer Alain Bastin said: “We manage a large variety of in-house funds and third-party funds, both under UCITS and AIFM Directive, and investments ranging from purely financial vehicles to real-estate investments, and deposited with various custodian banks.
“This requires a strong portfolio management system that can manage multiple investment strategies and ensure in real time that our investments are in line with investment policy and restrictions.”