Press releases
Tradar strengthens Insight™ through acquisition of Odyssey InvestmentManager™
“This is a highly logical move from both a product and corporate perspective, and one that will yield significant benefits for clients and prospects,” said Gerry Gualtieri, Tradar CEO. “We believe there are significant opportunites to grow the core InvestmentManager™ client base and also benefits of leveraging functionality for our existing clients. We know users want to do more within Insight, and we have been building out our front office capabilities, which include the addition of compliance and risk analysis modules. In addition to these developments, Tradar clients have told us that scenario analysis and performance attribution are of particular importance. This acquisition accelerates that development significantly. As well as the obvious functional extension we are also inheriting a highly skilled and committed team, who will add significant value to Tradar’s operations.”
Note to editors
Odyssey acquired CAfIT in May 2007, integrated operations into Odyssey Financial Technologies Limited, UK and named the product ‘InvestmentManager™’. InvestmentManager™ was acquired by Temenos as part of the Odyssey acquisition in 2010.About Tradar
Tradar is a leading supplier of portfolio management and accounting solutions to the buy side, with in excess of 220 clients across more than 30 countries worldwide. The solution is highly scalable and typical clients range from investment managers with US$10m to US$10bn AUM. Founded in 1997, 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, and Hong Kong.
Press contacts
Ellie Bacon (UK)/Steph Johnson (US), Aspectus PR
tradar@aspectuspr.com
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