Inverewe Capital Expands Partnership with Linedata
The investment manager was previously working with Viteos for some of its middle office needs.
Credit and asset management technology vendor Linedata has expanded its relationship with London-based Inverewe Capital to streamline its offering for risk management, research and middle-office management.
Inverewe Capital was previously using Viteos for middle-office management. Following Linedata’s acquisition of Gravitas last year, it was able to widen its middle-office portfolio. “They preferred having everything under the same umbrella—having one provider, one partner, to provide them with everything,” says Aldric Dupaïs, chief sales officer at Linedata.
Michael Murphy, COO at Inverewe Capital, cited having a single provider as the reason for switching from Viteos. “We are actually relatively satisfied with Viteos,” he says. “We were using Linedata already, and they had taken on Gravitas. I know some senior people at Gravitas, and it made sense for us to move to Gravitas for keeping things all together.”
Linedata, which is headquartered in France, was founded in 1998 and has over 700 clients in 50 countries.
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