Press releases

 

London, 11th October 2010: Tradar today announces that its flagship portfolio management and accounting product, Insight ™, has been implemented by the global investment management firm, Emergent Asset Management. Currently Emergent is using Insight version 3.3 as well as testing Insight 4.0, the latest iteration of Tradar’s solution launched in June of this year.

Insight allows asset managers to take complete control of the order management process, while providing seamless operational workflow and custom reporting capabilities. Emergent is one of many new and existing clients to sign up to and trial Insight 4.0’s enhanced functionality.

Insight will initially be used for Emergent’s FX managed funds but, as the solution supports more than 140 asset classes and has been built with scalability in mind, it can be rolled out to other funds that Emergent manages and administers, an important feature given Emergent’s recent growth and ambitions to continue this expansion.

Kevin Nealis, COO of Emergent said, “Emergent is committed to implementing cutting edge technologies in its operations. We recognised that we had reached a point where an automated system would improve decision making and operational efficiencies through real time performance data and integrated workflows. The partnership with Tradar will provide us with a seamless trade capture and reconciliation tool.”

Emergent’s front office traders will now benefit from the live P&L delivered by Insight, helping to underpin their investment decisions. In the middle office, the focus will be on P&L reporting, and the integration with the downstream processes.

Nealis continued, “Tradar’s reputation in the market as a long-established, well-designed solution was an obvious attraction, but what really drove our decision was its intuitive user-interface which all users have taken to immediately. But this was not only an operation decision; this was a real strategic move for us as we prepare to launch new funds. We will be working closely with Tradar in the future to further enhance our pre-trade compliance and order management processes.”

Gerry Gualtieri, CEO of Tradar, added, “Our dedicated research and development team has worked hard to ensure Insight delivers what clients really need in today’s markets. It is exciting to work with companies like Emergent as they are using our system to a really high level and challenging it at every turn. This helps us drive innovation which is beneficial to the wider user community. This implementation of Insight also demonstrates its strong interoperability, which is such a valuable feature for so many of our clients. We look forward to building a long, collaborative relationship with Emergent and supporting its business as it grows further.”

Tradar has added an impressive 39 clients to its valued customer base in the last nine months. In this period, Tradar has won business across its key regions of Europe, the US and Asia. The notable growth has been seen across its diverse user community, which ranges from niche hedge fund start-ups to ETFs and larger pension fund managers.

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.

Ellie Bacon (UK)/Steph Johnson (US), Aspectus PR
tradar@aspectuspr.com
+44 (0)20 7182 4081/+1 646 274 1348

 

Emergent is a UK based, award-winning investment management firm that has been managing funds [on behalf of institutional and private investors] since 1997. Its aim is to act ahead of the herd to exploit investment opportunities guided by the powerful themes which emerge from Emergent’s proprietary in-house Geo-Political model. This tool has been developed over many years and is at the heart of the firm’s macro-orientated investment philosophy and process. The investment team uses insights derived from the model to invest in both short and long term opportunities.

 

Emergent has established a track record in building innovative investment products in hedge and private equity and within them, generating high absolute returns. Emergent’s flagship funds include a Global FX, a discretionary global currency hedge fund, and the African Land Fund, investing in Sub-Saharan Africa agriculture.

 

For further information on Emergent please visit www.emergentasset.com.

 

Or contact:
Beth Laffin, Weber Shandwick Financial
elaffin@webershandwick.com
+44 (0)207 067 0716