Tradar is launching Insight 4.0, a new version of its buy-side portfolio management and accounting solution, allowing users to route orders via the FIX protocol to execution platforms.
Trader is announcing the new version of Insight at the SIFMA Technology conference in New York, supplemented by client seminars in New York, London and Hong Kong.
Insight 4.0 builds upon the existing buy-side platform 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 risk of running multiple programs simultaneously, according to Tradar.
The broader functionality allows Trader supports advances in the middle-to front-office space while maintaining and updating its commitment to the back office.
Compliance functionality was key to the development of Insight 4.0. The new produce enables fund managers and compliance officers to meet current requirements, but prepares them for future regulatory change with customizable rules manager.
In a statement, Gerry Gualtieri, CEO of Tradar, said: “Our product development is driven by what our clients and prospects need in order for them to make efficient investment decisions.” As an example, Gaultieri cited its focus on 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,” Gualtieri commented in the release.
In addition, Tradar has added a number of senior hires to the business, at the same time that it’s moving to new offices in central London and taking on new space in Hong Kong, continued Gualtieri, in the release.
The company has 220 clients across 30 countries worldwide using the multi-asset class platform, which is geared to investment managers with $10 million to $10 billion in assets under management. Based on Microsoft SQL Server and .Net, the platform can be applied to virtually any trading strategy, according to Tradar.
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