Tradar signs firms in Russia and Kazakhstan to Insight
First Published Tuesday, 16th August 2011 from Automated Trader : EMS News
Tradar signs Parus Capital in Moscow, and Compass Asset Management in Kazakhstan to its portfolio and management system product
Gerry Gualtieri, CEO, Tradar
"Global expansion is a key part of Tradar's strategy for growth."
Tradar has signed Parus Capital in Moscow, and Compass Asset Management in Kazakhstan to its portfolio and management system product, Insight. These implementations were supported by both Tradar's London and Hong Kong offices.
"Deploying Insight will bring significant operational efficiencies to our business," said Alexander Mikhalev, CFO, Parus Capital Limited. "It's very intuitive and already has links to all the major prime brokers you would expect. The level of service has been particularly impressive, and we look forward to working closely with Tradar over the coming months as we increase our use of the platform."
In Kazakhstan, Compass Asset Management implemented Tradar's Insight to support its ongoing expansion. "Our aim is to increase our funds under management and our geographic remit across central Asia, and Insight gives us the strongest possible technology base from which to achieve that," said Ayan Battalova, Managing Director, Compass Asset Management. "When we evaluated the available solutions, it was clear that Tradar had the best mix of functionality and usability. Insight is highly logical and integration with other systems is very straightforward."
"While specific market and regulatory requirements differ from country to country, the overall drive towards greater operational efficiency, with more efficient portfolio management across a variety of instruments remains constant, and this is what Insight delivers," commented Gerry Gualtieri, Tradar CEO. "Global expansion is a key part of Tradar's strategy for growth and builds out from our strong and established operations in the US, Europe and Asia-Pacific."