Hello zylaar7
If you don't want to use the LVDT 9312 module, you can always try to aquire the signal, aconditionate it and process it in LabVIEW using a Data Adquisition Device. However, remember that you will need to decode all the signals by yourself. The LVDT 9312 module decode the signals without any aditional signal adaptation.
Here's a white paper in how to make an encoder measurement.
http://www.ni.com/white-paper/7109/en/
Maybe it will help you. Cheers.
Omar R.
Technical Support Manager
CLA | CTD