Linedata has rolled out new business process management (BPM) tools for fund accounting and administration.
Dubbed as Linedata Optima, the new tools will sit across Linedata’s suite of fund servicing solutions.
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The new solution will provide users a real-time view of automated processing and exception messages on a single screen.
It employs a visual, intuitive approach that allows sharing of information more widely across the organization, with specific views built for different user profiles.
The company said that Linedata Optima manages fund administration workflow as well as delivers enhanced transparency and control.
Also, the tool will guide the user through the workflow, ensuring the required tasks are performed in the correct sequence and also promotes standardization of processes and provides future-proofing of the operation.
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By GlobalDataPaul Westgate, product manager at Linedata back office asset management, said: "Linedata has created Linedata Optima to help all our Back Office clients become more efficient, whilst gaining greater control over their workflow and reducing operational risk. This is a significant cross-product initiative which will benefit all our Back Office clients, demonstrating our commitment to invest and innovate."
