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Linedata acquires non-core Thomson products

Paris-based Linedata Services, the financial technology developer, has acquired a number of portfolio accounting and management solutions from Thomson Financial, which said the products were non-core to its global strategy.

Among the products acquired are Icon, a back-office investment management, fund administration, valuation and reporting solution; PreView, a front-office system covering analytics, modelling, order entry and reporting, and Portfolio Analyst Reporter, a data-integration and reporting system.

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