Strong growth at Linedata
FINANCIAL RESULTS
LONDON -- Linedata Services, a Paris-based provider of trade order management, compliance and portfolio accounting services, has announced a 19.8% growth in full-year revenues for 2002. The firm’s biggest growth area was the asset management sector, where it announced revenues of €53.6 million, an increase of 23.8% over the same period in 2001.
Linedata’s strong results can be attributed to the success of the LongView Trading System -- acquired in March 2000 -- which has 74 clients globally.
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