Linedata's Beauchamp Enterprise Solution Deployed by Tennyson Fund Solutions

  
    
  
  
    
      Linedata Services (LIN:FP), the leader for investment software, 
      solutions and services today announced the first live manager on its 
      Beauchamp Enterprise Platform at Tennyson Fund Solutions, a global 
      provider of fund administration, middle- and back-office outsourcing, 
      and technology services to the hedge fund, fund of fund and private 
      equity industry. Tennyson has integrated Beauchamp’s 
      complete set of hedge fund products (Beauchamp Enterprise) to form an 
      investment management platform on an ASP basis, significantly expanding 
      their technology and client services offering.
    
    
      This partnership with Tennyson comes at a time when many alternative 
      investment groups seek complete solutions that afford them fiscally 
      prudent methods to create greater controls and services with which to 
      manage their assets; Tennyson’s outsourcing 
      solutions, with Beauchamp’s Enterprise 
      Solution as its core, on an ASP basis, is the answer.
    
    
      “We are pleased to have licensed Beauchamp 
      Enterprise to Tennyson Fund Solutions and feel that this partnership 
      will afford the alternative investment market both opportunity and 
      access to our award winning Hedge Fund Solutions” 
      said David Bilbé, Managing Director, Linedata 
      Services Northern Europe. “We have grown our 
      business significantly in the past year and with the Tennyson 
      partnership, we now have tremendous scalability and flexibility to 
      expand the scope of our services and provide technology infrastructure 
      directly to an expanded market. The Tennyson platform is the perfect 
      solution for managers that seek solutions as robust as Beauchamp’s 
      but lack the infrastructure and technology to do so."
    
    
      With its first client live this past month, January of 2008, Tennyson 
      expects exponential growth in the coming year and anticipated expansion 
      of services from its main London office to Asia, North America and 
      beyond.
    
    
      “We are excited to partner with the industry’s 
      most experienced hedge fund solutions provider who understands the 
      challenges facing hedge funds today,” said 
      Tony Stocks, Chief Executive Officer of Tennyson Fund Solutions. “With 
      our first client live this year and more to come; we are confident that 
      Tennyson has the right team, business model, and expertise to execute 
      our vision of becoming a leading global fund administrator. We are only 
      too pleased that Beauchamp Enterprise on an ASP basis is an integral 
      part of Tennyson’s infrastructure enabling us 
      to offer best of breed solutions to the hedge fund, fund of funds and 
      private equity market.”
    
    
      Notes to Editors
    
    
      About Linedata Services
    
    
      Linedata Services (LIN:FP) is the leader for investment software, 
      solutions, and services. Linedata combines global reach, financial 
      strength, and a deep understanding of Asset Management, Leasing & Credit 
      Finance, and Insurance & Savings. Linedata Services Asset Management (www.ldsam.com) 
      provides comprehensive, scalable solutions to the buy-side, managing the 
      entire investment process from pre-trade to settlement. Linedata is 
      unique because it offers a full front- to back-office solution via 
      enterprise installation, hosting, or as an Application Service Provider, 
      and has 20 years experience delivering ASP solutions.
    
    
      Headquartered in France and listed on the Paris stock exchange, Linedata 
      Services achieved revenues of EUR 164.8 million in 2007, has offices 
      worldwide and services more than 1000 clients across 50 countries. For 
      more information visit Linedata Services at www.linedata.com.
    
    
      About Beauchamp Hedge Fund Solutions
    
    
      Beauchamp, the hedge fund solutions offering from Linedata Services, has 
      been building, marketing and supporting trading & portfolio management 
      software products for alternative investment managers since 1997. The 
      Beauchamp software suite caters to multi-currency, multi-asset class and 
      multi-strategy investing and spans all stages of the trade life cycle, 
      from electronic trading and order management, through to real-time P&L, 
      portfolio analysis, automated reconciliation and portfolio accounting. www.ldsam.com.
    
    
      About Tennyson Fund Solutions
    
    
      Tennyson Fund Solutions is a fund administrator offering front-to-back 
      solutions for hedge funds, funds of funds and private equity funds, 
      using a state-of-the-art technology and client service platform. 
      Tennyson Fund Solutions was founded by Tony Stocks, formerly the group 
      director of Citco Fund Services until 2001.
    
    
      Tennyson looks to service hybrid funds – 
      multi-strategy, event-driven, global macro, emerging markets, by 
      capitalizing on the ability of the Beauchamp software suite to cover 
      most instruments. Tennyson also services fund of funds and family office 
      clients.
    
    
      Tennyson is headquartered in Bermuda, and has an operating office in 
      Guildford, west of London. It is expanding into the USA and Asia during 
      2008. For more information visit Tennyson Fund Solutions at www.tennysonfunds.com.