Linedata, Sycamore collaborate to offer hedge fund solution in China

Linedata has joined forces with Shanghai's Sycamore Investment Services to offer front to middle-office services to hedge funds in China

Linedata, a technology provider dedicated to the investment management and credit industries, has joined forces with Shanghai’s Sycamore Investment Services to offer front to middle-office services to hedge funds in China.

The alliance will integrate Sycamore’s middle office outsourcing services and Linedata’s hedge fund management service known as Linedata Global Hedge that allows clients to take full control of their portfolios and transactions.

Linedata said that its tie-up with Sycamore is a response to rising demand from China’s hedge funds to get middle and back office fund operation and administration services from a third party provider.

The collaboration will create a full service for China’s hedge fund clients, and will enable companies without complete fund operations to access the capabilities of the Linedata product, the technology provider said.

Linedata managing director for Asia Pacific Sally Crane said: “Understanding and meeting the needs of our clients is central to our philosophy at Linedata. This partnership demonstrates our commitment to deliver not just a product but the complete end-to-end solution our clients demand.

“With the strong reputation of the management team, Sycamore has established an extensive network in China since its launch last year and was a natural partner as we look to build on our recent momentum in the region.”

Sycamore CEO Jeff Li added: “By partnering with Linedata, we can ensure our clients receive our best middle office services. We look forward to the strong partnership with Linedata.”