Tradar has introduced a customizable mobile portfolio reporting application for the iPad and other mobile devices. Buy side customers now have access to a selection of asset value, exposure and performance-based data on-the-go, according to the company.
Tradar partnered with Nedelma to integrate data from Insight, it’s flagship portfolio management and accounting product, with mobile reporting capabilities from Nedelma’s Portfolio AMalfi platform.
“The manner in which our clients wish to access data is evolving, and we see mobile reporting as strategically important to improving the way portfolio data can be shared,” commented Sachin Kachhla, director of business Development for Tradar in the US, in the release. In searching for partners, Tradar found Nedelma’s mobile reporting application to have the most advanced feature set by far, according to Kachhla. “We are excited to offer clients the flexibility to view their data on-the- go and powerful customization tools via the simplicity of a touch-screen interface,” he added in the release.
In response to questions about data security, Kachhla said via email, “The Tradar database stores the client’s data (trades, security master, prices, etc.,) and from within the database, we can generate detailed snapshots of asset value, exposure and performance.” Then the snapshot data from Tradar’s database – which resides either on the client’s server within their premises or on a hosted/cloud environment— is fed to or pulled by Nedelma’s database which would typically reside next to Tradar’s database. “Once the data is in Nedelma’s database, they have the means to securely transmit it to their web-based infrastructure and deliver it to the mobile iPad application,” wrote Kachhla in the email.
Because data is secure and user entitlements are managed granularly, noted the release, it can be deployed to any group or individual within or outside an organization ranging from the front-to-the back-office, including investor relations teams and even investors.
Among the features of the mobile portfolio reporting app are gesture-based navigation to customize portfolio views on the fly, summaries, ability to drill-down into underlying trades, as well as 3-D charts and custom grids, stored “snapshot” functionality, as well as multi language and multi-currency support.