Linedata Services announced that it has launched enhancements to its back-office solutions offerings, with significant technology updates and functional extensions and powerful combinations of compliance monitoring, reporting and portfolio management capabilities with its core accounting systems. These will be made available for both on-site and hosted, ASP implementations.

“Third-party administrators are looking for ways to enhance their offerings as a way of attracting new clients and creating differentiation that delivers superior value,” said David Bilbé, Linedata Services’ Managing Director for Northern Europe. “At the same time, funds administered by a TPA or in-house are looking for new ways to increase efficiencies, so they can ramp up their businesses without ramping up overhead. Both client types are benefiting from their partnership with Linedata Services.”

Linedata Services’ back-office solutions allow clients to provide new services, such as flexible reporting and compliance, which can drive revenue growth. Linedata Services’ solutions are also highly intuitive, easily customized and quickly installed, which allows clients to increase efficiencies by focusing on their core business objectives rather than information technology.

“Linedata Services is committed to our back office business in every region, and we’ve worked closely with top clients on researching the market opportunity,” said Mike de Verteuil, Global Head of Business Development for Linedata Services. “We’ve also made a massive investment in developing the leading global front- to back-office technology. Our firm-wide focus on research and development has put Linedata Services far ahead of the curve, with robust solutions that have anticipated clients’ needs for growth in 2010, and beyond.”