Linedata Services: First Nine Months’ Revenue 2022: €124.8m
Recurring revenue to end of September 2022 was 98.9m (+7.2m compared to the first nine months of 2021), representing 79% of total revenue.
- Recurring revenue to end of September 2022 was 98.9m (+7.2m compared to the first nine months of 2021), representing 79% of total revenue.
- Revenue generated by the Asset Management business gathered pace with an increase of 13.2% in Q3 2022.
- Over the first nine months of the year, growth came to 11.2% in reported terms and 3.2% in organic terms.
- Over nine months, growth was 6.9%, and benefitted from customer migrations to the Linedata Ekip360 and Linedata Capitalstream platforms.