Tradar, provider of portfolio management and accounting software to the buy-side globally, has today unveiled version 4.1 of its flagship product, Insight.
This latest release builds on the successful 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 significantly improves 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 streamlines the order creation process for those using in house order generation tools, and enables 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."
The compliance functionality originally introduced within Insight 4.0 has been further developed and refined in version 4.1 to support the new alert monitor tool. This innovation ensures users are actively alerted when either regulatory or client mandates are breached, so that the appropriate actions can be taken immediately.
Recent development has also been focused on the underlying architecture of the solution, in the form of the workflow server product, which will further improve the scalability of Tradar's market-leading portfolio management and accounting software.