Beauchamp and its reporting capabilities will be used by Isis to provide its clients on-demand access to portfolio management reports.
Linedata said that the reporting engine comes with portfolio analytics that can track detail to the transaction level, aggregate data from multiple brokers, and offer a variety of views of the portfolio based on slice and dice criteria.
Isis Fund Services COO Brian Desmond said that Linedata Beauchamp is an important addition to the company’s product offering, as it brings enhanced transparency into its back-office services for its clients, and will add much value to its clients’ own internal analysis.
"Hedge fund managers recognize that producing this type of portfolio analysis can be challenging and resource hungry," Desmond said.
"Enabling our clients to access this robust reporting platform gives our clients a smart, cost-effective solution, and one which appeals not only to the large, multi-prime manager, but also to the emerging manager who may not have the necessary tools at their disposal."
Isis is planning to bring the service to market in early third quarter of this year.
