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Tradar Unveils Latest Version Of Insight™

Date 21/06/2010

Tradar, a leading provider of portfolio management and accounting solutions to the buy-side globally, today announced the launch of Insight 4.0. The official launch will take place at the SIFMA technology conference in New York, and will then be supplemented by client seminars in London, New York and Hong Kong.

Insight 4.0 builds on the existing portfolio management and accounting functionality of the product by adding an order management capability which allows users to create orders and route them via FIX to execution platforms while supporting all necessary pre and post trade compliance requirements. The seamless nature of the product reduces the risks associated with running multiple programs simultaneously. The launch of this new version with its broadened functionality supports Tradar’s advances in the middle to front office space while maintaining and updating its commitment to the back office.

Compliance functionality was central in the development of Insight 4.0. The new product not only allows fund managers and compliance officers to meet current requirements but crucially insures them against future regulatory change with the sophisticated and easily customisable rules manager.

Gerry Gualtieri, CEO of Tradar notes, “Our product development is driven by what our clients and prospects need in order for them to make efficient investment decisions, for example, focusing the compliance aspect to support clients with the upcoming regulatory changes and the increasing popularity of UCITS funds. While we have significantly enhanced Insight 4.0’s functionality, expanding the reach of our product into the front and middle office, the system remains flexible, quick to deploy and easy to integrate. It’s been gratifying to see the positive response from clients so far, who are eager to reap the benefits of these developments and we are very excited to be showcasing Insight 4.0 at SIFMA 2010.

“It’s an exciting time for Tradar at the moment – in addition to a new product launch, we have added a number of senior hires to the business, are moving to new offices in central London and taking on new space in Hong Kong,” continued Gualtieri. “In the context of all of this, we will also be unveiling the results of a rebrand and implementing a reinvigorated client communication strategy, which will more accurately reflect the dynamic and growing global brand we have established.”