BANK OF SHANGHAI CHOOSES LINEDATA'S GLOBAL HEDGE SOLUTION TO IMPROVE REPORTING CAPABILITIES

HONG KONG & PARIS, Nov 14 (Bernama) -- Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, today announces the successful implementation of its Linedata Global Hedge solution for the Bank of Shanghai (BOSCI). The solution was selected to drive efficiency, value, and enhanced service, especially to improve portfolio management and calculations. BOSCI decided to switch to Linedata Global Hedge to balance cost and value. The transition was completed in Q1 of this year.

The senior management from BOSC International Company Limited, a local Chinese investment bank in Hong Kong, said, "Switching to Linedata Global Hedge was the right move for us at this time. We were looking for a solution that offered long-term value and service, and Linedata's local expertise, combined with their support teams fluent in multiple languages, made them the ideal partner. The implementation has been smooth, and we are already seeing the benefits in terms of efficiency and accuracy."