Case Study: a large UK-based defined benefit pension scheme reduces costs and boosts ROI with Linedata Icon

Large UK-based Defined Benefit Pension Scheme manages £2B+ in AUM with Linedata

A large UK-based defined benefit pension scheme needed a robust, trustworthy system to manage the complex fund accounting and regulatory reporting for its over £2 billion in assets. The organization sought to streamline back-office operations and generate highly detailed reports. They turned to Linedata and implemented its Icon fund accounting platform as their primary investment and accounting book of records.

Linedata provided a hosted solution for the Icon platform, aligning with the client's IT strategy to outsource non-core infrastructure. This move offered predictable costs and reduced total cost of ownership. The Linedata Icon system successfully manages the fund's diverse portfolio, including exotic instruments, and efficiently handles all accounting, reconciliation, and reporting needs. The long-term partnership and reliable platform have given the client a trusted system that delivers accurate data and operational efficiency.