Tradar’s Hong Kong office has enjoyed a second, highly successful year in operation. During the last twelve months, Tradar, a leading provider of hedge fund portfolio management and accounting technology, has seen sixteen new clients sign up to licensing agreements via the company’s Hong Kong office. The latest total brings the number of clients acquired by the Hong Kong team to twenty-three.
Tradar anticipates continued growth in Hong Kong during 2008, including a further 50% expansion in the employee base over the coming year.
Tony Swei, CEO, Tradar, commented:
“We’re very proud of the way our Hong Kong operation has grown. Clearly, the Asia Pacific area is an economically dynamic region with rapidly growing wealth and an increasing number of start-up hedge funds looking to manage that wealth. However, I do think that the success of our Hong Kong operation is down to the fact that we built up a seasoned operating team by promoting staff from front-line support. The suitability of Tradar’s Insight platform to the local market has also played a vital role – it is very flexible in the range of trading strategies it can accommodate and is highly scalable, making it ideal for start-ups.”
Eric Royer, General Manager, Tradar, Hong Kong, added:
“During the last year, we’ve seen employee numbers double and have plans to increase our employee base by half again next year. To accommodate the growth, we’ve already had to move to larger premises. Importantly, we’ve also created an excellent working environment, which has enabled us to achieve a 100% employee retention rate.