Case Study: UMB Fund Services achieves back-office efficiency and risk reduction with Linedata Optima

UMB Fund Services automates over 1 million daily checks with Linedata

UMB Fund Services, a fund administration provider, faced industry-wide pressure from higher operating costs and compressed margins, leading them to seek a more efficient back-office operation. To address this challenge, they partnered with vendor Linedata to implement its Optima platform, an operational control and fund oversight solution.

Linedata implemented its Optima platform, which features a powerful rules engine to automate controls, comprehensive audit trails, and digital workflows. This solution automated over one million checks daily, transforming the back office by drastically improving efficiency, mitigating risk, and freeing up teams to focus on higher-value work. The measurable impact for UMB Fund Services included a valuable reallocation of resources and the ability to conduct checks multiple times per day that were previously done manually only once a month.

UMB Fund Services