Linedata Services

Infobox_Company
company_name = Linedata Services
type = public
foundation = 1998
location = flagicon|France Paris, France
key_people = Anvaraly Jiva , CEO & Chairman
industry = Software
products = Financial Software Systems
revenue = profit €148.3 million (2006)
net_income = profit €12 Million (2006)
homepage = [http://www.ldsam.com/ www.ldsam.com]
[http://www.lds-cf.com/ www.lds-cf.com]
[http://www.linedata.com/ www.linedata.com]

Linedata Services is a supplier of financial services software for asset management, savings & insurance, and leasing & credit finance businesses. 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 Services has over 900 employees globally.

History

Founded in September 1998, Linedata Services 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 2007 revenues of EUR 164.8m.

Acquisitions

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

Most Recent Acquisitions:

On 28 February 2003, Linedata Services purchased Icon, Icon ASP, Icon Retail, and Preview, the portfolio solutions assets of Thomson Financial. The acquisition of these businesses gave Linedata Services a leading position in the UK and further consolidated its leading position in Europe.

In December 2003, Linedata Services announced the acquisition of the main assets of ESDS, one of the specialists in France in the field of personal and group insurance software (ESDS).

In October 2005, Linedata Services acquired the assets of US-based Global Investment Systems ("GIS"), a leading supplier of specialised investment, shareholder and partnership accounting software to fund managers and administrators in the US, and international off-shore markets.

In December 2005, Linedata Services acquired 100% of the stock of the UK company, Beauchamp Financial Technology, Ltd. ("BFT"), which specialises in portfolio management software solutions tailored to the hedge fund segment of the Asset Management market.

Competition

Linedata's main competitors are Fidessa LatentZero, Charles River Development, DST Systems Inc., Sungard, SimCorp amongst others.

External links

* [http://www.linedata.com/ Company website]
* [http://www.microsoft.com/industry/financialservices/capitalmarkets/partners.mspx/ Linedata Services listed on Microsoft's Key Capital Markets Partner Solutions] , from Microsoft's website
* [http://finance.google.com/finance?q=EPA%3ALIN Google Finance profile]