Hong-Kong-based ICBC Asset Management (Global) (ICBC AMG) has selected fintech provider Linedata to implement a range of asset management software solutions to power its growing global fund business.
ICBC AMG is replacing internal systems and adopting Linedata’s solutions and robust reporting to manage custodian interfaces, as well as increased client asset and trade flow across multiple fund types.
It is implementing enhanced portfolio management capabilities to fuel plans to expand its fund line-up throughout 2018, including equity, fixed income, money markets, derivatives, and private equity offerings.
“We chose Linedata because its leading portfolio management tools, connectivity with multiple third parties, and support for streamlined workflows will allow us to scale our operations while reducing risk, benefiting both ICBC AMG and our clients,” said Tian Lin, managing director and COO, ICBC Asset Management (Global). “Our partnership with Linedata provides our team with a customisable, high performance platform that will give us the power and flexibility to meet our clients’ growing needs.”