Fund-Technology.com

Fidessa partner up with Tradar

Posted: 15 July 2009

Fidessa LatentZero, providers of front-office and connectivity solutions to the buy-side, has announced that it has partnered with Tradar to supply an integrated real-time front office and portfolio management system for hedge funds. The relationship will enable hedge funds to reduce manual processes, eliminate re-keying errors, and reduce risk, thanks to the real-time FIX interface from Fidessa LatentZero's EMS Workstation to Tradar's Insight portfolio management system.

By integrating the two systems, Fidessa LatentZero and Tradar will be able to offer hedge fund clients real-time trade management between the Fidessa LatentZero EMS Workstation and the Tradar portfolio management system. The enhanced levels of straight through processing ensure that errors caused by manual re-keying of data are minimised, and that duplicated effort is avoided.

Russell Thornton, EMS product manager at Fidessa LatentZero says: "The relationship with Tradar is an important part of our strategy for hedge fund clients. Tradar's portfolio management platform is designed exclusively for the hedge fund industry and enables users to flexibly manage funds of any size trading multiple asset classes. It perfectly complements our own EMS Workstation, and creates an attractive and valuable package for a wide range of hedge funds who are looking for higher levels of control over their electronic trading."

 

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