Emergent Goes Live With Tradar

Emergent Asset Management has implemented Tradar’s flagship portfolio management system, according to today’s release.

Currently Emergent, a global investment management firm, 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. According to Tradar, Emergent is one of the many new and existing clients to sign up to and trail Insight 4.0’s enhanced functionality.

Emergent will initially use Insight for the firm’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.

Kevin Nealis, COO of Emergent said, “Emergent is committed to implementing cutting edge technologies in its operations. We recognized 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 o P&L reporting, and the integration with the downstream processes.

Nealis cited Tradar’s reputation in the market as a “long-established, well-designed solution” but said what really drove the decision was “its intuitive user=interface which all users have taken to immediately.” Nealis said in the release, that this was not only an operational move, but a strategic move for Emergent since it plans to launch new funds. The firm will work closely with Tradar in the future to further enhance its pre-trade compliance and order management processes, stated Nealis.

Tradar has added 39 clients to its customer base in the last nine months, according to the company’s release. In this period, it has won business across its key regions of Europe, the US and Asia. Growth come from across its diverse user community, ranging from niche hedge fund start ups to eEFs and large pension fund managers, the company said.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio