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Tradar expands US presence with additional New York office space
NEW YORK - 02 December 2009 - Tradar, a leading provider of portfolio management and accounting solutions to the alternative investment management industry, today announced the expansion of its US presence, following a move from the company’s existing New York premises to more extensive offices in mid-town Manhattan.
Tradar has signed a long-term lease on additional New York office space, reflecting the company’s firm commitment to the American market and growing demand for its flagship product, Insight. The move will enable Tradar to continue growing its US operations and further improve upon the high level of customer service that Tradar is renowned for, as a significant proportion of its client base is now located in the US, Canada and Latin America.
Sachin Kachhla, General Manager, Tradar USA, commented:
"Although the past eighteen months have been extremely testing ones for the alternative investment management industry, there are a number of indications that the market is returning to renewed health with a stronger focus on scalable yet cost-effective technology that can provide real-time reporting while automating operations. Encouraged by these positive signs, we are expanding our US operations and are confident about both our product strategy, and the future ahead."
He added:
"The move to larger, permanent offices also underlines Tradar’s commitment to the US market and to clients in the region. In addition, taking on more office space gives us greater capacity to hire extra sales, professional services and support staff, enabling the company to provide even better service to clients."
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About Tradar:
Tradar is a leading supplier of portfolio management and accounting solutions to the alternative investment management industry, with over 180 clients worldwide. Typical clients range from investment managers with US$10m to US $10bn in assets under management. Founded in 1996, Tradar offers a multi-asset class platform based on Microsoft SQL Server and .Net that can be applied to virtually any trading strategy. Tradar has offices in London, New York, San Francisco, and Hong Kong.
For further information, please contact:
Sachin Kachhla, General Manager, Tradar USA
150 East 52nd Street, 27th Floor, New York, NY 10022
sachin.kachhla@tradar.com
Tel: +1 212 317 5900
Charlotte Fuller
cf@cfullerpr.co.uk
Tel: +44 (0)7905 624750
