Linedata Services
| Type | public |
|---|---|
| Industry | Software |
| Founded | 1998 |
| Headquarters | Paris, France |
| Key people | Anvaraly Jiva , CEO & Chairman |
| Products | Financial Software Systems |
| Revenue |  €136.2 million (2010) |
| Website | www.linedata.com |
Linedata is a company targeting customers in the Investment Management and Credit industries. In 2006, Linedata’s 15 financial software applications were being used by approximately 1,000 institutions across five continents. Headquartered in Neuilly-sur-Seine, a suburb of Paris, France, Linedata has over 900 employees globally.[citation needed]
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[edit] History
Founded in September 1998, Linedata resulted from the merger of three firms: GSI Division des Banques, Line Data and BDB Participation. A December-1997 leveraged management buyout, backed by AXA Private Equity, gave employees at GSI Division des Banques majority control over their company. The subsequent acquisition of Line Data and BDB Participation led to the creation of a new company: Linedata Services. Far from being a start-up, the new corporate entity benefited at the outset from the existing human resources and technological skills of its three components.
Linedata Services has been listed on the Paris Stock Exchange (ticker symbol LIN.PA) since May 2000, and achieved 2008 revenues of EUR 160.7m.
[edit] Acquisitions
[edit] Acquisition Timeline
- 1998 - Line data* (Asset Management), France
- 1998 - BDB (Employee Savings & Insurance), France
- 1999 - Bimaco (Asset Management), Luxembourg
- 2000 - Pen Lan (Systems Engineering), France
- 2000 - Ekip (Leasing & Credit Finance), France
- 2001 - LongView (Asset Management), USA and UK
- 2002 - IAS II (Asset Management), UK
- 2003 - PIMS/Thomson Financial (Asset Management), UK
- 2003 - ESDS (Employee Savings & Insurance), France
- 2005 - Global Investment Systems (GIS), USA and Ireland
- 2005 - Beauchamp Financial Technology (BFT), Europe, USA, Hong Kong
[edit] Competition
Linedata's main competitors are Fidessa LatentZero, Charles River Development, DST Systems Inc., Sungard, SimCorp amongst others.
[edit] External links
- Company website
- Linedata Services listed on Microsoft's Key Capital Markets Partner Solutions, from Microsoft's website
- Google Finance profile
