Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, has successfully implemented its Linedata Global Hedge solution for the Bank of Shanghai (BOSCI). The solution was chosen to enhance efficiency, deliver greater value, and improve portfolio management and calculations. BOSCI opted for Linedata Global Hedge to optimize cost-effectiveness while ensuring superior service, with the transition completed in Q1 of this year.
Senior management at BOSC International Company Limited, a Chinese investment bank based in Hong Kong, expressed their satisfaction: “Switching to Linedata Global Hedge was the right choice for us. We sought a solution that would provide long-term value and high-quality service. Linedata’s local expertise, combined with their multilingual support teams, made them the ideal partner. The implementation has been smooth, and we are already experiencing improvements in efficiency and accuracy.”
Sally Crane, Managing Director of Linedata Asia, added, “We’re excited to welcome the Bank of Shanghai to our growing portfolio of clients in the APAC region. Our strong local presence, along with teams fluent in Mandarin, Cantonese, and English, allows us to effectively meet the needs of large Chinese banks. Having supported Chinese asset managers for many years, we understand their specific requirements and are committed to delivering solutions that provide real value.”
The Linedata Global Hedge solution offers the Bank of Shanghai flexible reporting capabilities and seamless integration with third-party data platforms widely used by Chinese asset managers, such as Bloomberg. This integration enhances the accuracy of Net Asset Value calculations, improving the precision of their investment book of records.
A key benefit of Linedata’s solution is its support for complex fixed income functionalities, including sophisticated fixed income products. This is particularly important for large financial institutions like BOSCI, enabling them to manage their portfolios with greater accuracy and efficiency. The automated reporting features of the Linedata solution are particularly beneficial for Chinese banks with large operations, saving time, improving data accuracy, and enabling faster access to critical information—ultimately streamlining operations and enhancing decision-making.
ABOUT THE BANK OF SHANGHAI
The Bank of Shanghai (BOSC International Company Limited), established in 1995 and headquartered in Shanghai, China, is a leading commercial bank offering a wide range of financial services including retail, corporate, and investment banking, as well as wealth management. Serving a diverse clientele from individual consumers to large corporations, BOSCI operates a comprehensive network across China. Committed to innovation, efficiency, and customer service, the bank leverages advanced technology to drive digital transformation and sustainable development, delivering exceptional value to its customers and stakeholders.
ABOUT LINEDATA
With 25 years’ experience and 700 clients in 50 countries, Linedata’s 1250 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels.
