Trevor Headley, Global Head of Product Strategy, Tradar
"The significant development work that has gone into bringing version 4.1 to the market has been strongly guided by client needs."
Tradar has announced version 4.1 of its product, Insight™. This latest follows the launch of version 4.0 in June 2010, which saw the introduction of an order management capability, together with increased compliance functionality.
One of the key additions introduced in Insight 4.1 is a new financing module with enhanced support for cash interest, stock loans and swap finance accrual. The module aims to improve the efficiency of the shadow NAV and P&L process while adding full transparency to the calculations.
A new order import utility has also been added to support front-office users. This mechanism is intended to streamline the order creation process for those using in house order generation tools, and enable orders to be passed directly into Tradar for pre-trade allocation and compliance testing.
"As with all Tradar software releases, the significant development work that has gone into bringing version 4.1 to the market has been strongly guided by client needs," said Trevor Headley, Global Product Strategy & Delivery Manager at Tradar. "Our aim is always to encourage the most efficient workflow process. The improved financing and order generation mechanisms incorporated into version 4.1 are essential in delivering these efficiencies for Insight users."