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Tradar Links Portfolio Management and Accounting System with Thomson Reuters Reference Data Platform
Tradar, a leading software provider to the hedge fund industry, today announced it has created an interface to link its portfolio management and accounting platform to Thomson Reuters’ reference and historical pricing systems. This move follows increased demand for Thomson Reuters’ data from Tradar’s hedge fund customer base.
Using the newly created interface, Tradar customers will be able to utilise Reuters Datascope Realtime pricing data via Tradar Insight’s live P&L monitoring function. In addition, Tradar customers can access Reuters DataScope Select’s broad range of reference data, end-of-day pricing information and corporate action details. The data feed offers equity end-of-day prices and corporate actions from more than 180 exchanges, as well as spot rates on 175 currencies, cross and forward rates, futures and options.
Tony Swei, CEO, Tradar, commented:
“We’re delighted to announce the new interface with Thomson Reuters. Recently, we’ve found ourselves being approached by a growing number of hedge funds asking us for a wider choice of data providers and, in particular, for data from Thomson Reuters. As the leading hedge fund portfolio management and accounting system we see it as our mission to integrate with a wide range of data providers and to give our customers the broadest possible choice.”
Tim Rice, Global Head of Pricing and Reference Data Enterprise, Thomson Reuters, added
“Data quality is becoming ever more important in today’s market climate and we are pleased that Tradar’s leading hedge fund community can now access Thomson Reuters’ wide range of real-time and historical data.”
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About Tradar:
Tradar is a leading supplier of portfolio management and accounting solutions to the hedge fund industry, with over 180 clients worldwide. 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. http://www.tradar.com
About Thomson Reuters:
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to http://www.thomsonreuters.com
For further information, please contact:
For Tradar:
Tony Swei, CEO, Tradar
tony@tradar.com
Mob: +1 415 203 5918
Charlotte Fuller
cf@cfullerpr.co.uk
Mob: +44 (0)7905 624750
For Thomson Reuters:
Yvonne Diaz, PR Director
yvonne.diaz@thomsonreuters.com
+44 (0) 207 5422615
Liam Hwee Tay, Head of Corporate Communications, Asia
Liam.tay@thomsonreuters.com
+ 65 6870.3028
