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Tradar Links Portfolio Management and Accounting System with Thomson Reuters Reference Data Platform

Tradar, a leading software provider to the hedge fund industry, today announced it has created an interface to link its portfolio management and accounting platform to Thomson Reuters’ reference and historical pricing systems. This move follows increased demand for Thomson Reuters’ data from Tradar’s hedge fund customer base.

Using the newly created interface, Tradar customers will be able to utilise Reuters Datascope Realtime pricing data via Tradar Insight’s live P&L monitoring function. In addition, Tradar customers can access Reuters DataScope Select’s broad range of reference data, end-of-day pricing information and corporate action details. The data feed offers equity end-of-day prices and corporate actions from more than 180 exchanges, as well as spot rates on 175 currencies, cross and forward rates, futures and options.

Tony Swei, CEO, Tradar, commented:

“We’re delighted to announce the new interface with Thomson Reuters. Recently, we’ve found ourselves being approached by a growing number of hedge funds asking us for a wider choice of data providers and, in particular, for data from Thomson Reuters. As the leading hedge fund portfolio management and accounting system we see it as our mission to integrate with a wide range of data providers and to give our customers the broadest possible choice.”

Tim Rice, Global Head of Pricing and Reference Data – Enterprise, Thomson Reuters, added:

“Data quality is becoming ever more important in today’s market climate and we are pleased that Tradar’s leading hedge fund community can now access Thomson Reuters’ wide range of real-time and historical data.”