Tradar, a leading provider of portfolio management and accounting software to the buy-side globally, has announced that the London and New York based James Caird Asset Management, has gone live on its flagship product, Insight version 5.0. James Caird, a multi-strategy fund with a strong focus on Credit and Fixed Income, will take advantage of Insight’s leading portfolio management functionality for its operational requirements.
James Caird were looking to replace their existing system with a product that would support their workflow and asset class requirements and could be deployed in an aggressive timeframe. The selection criteria for the new platform were very demanding in that it had to offer full front to back functionality, including trade entry, allocations, position reporting, flexible pricing optionality, P&L reporting, and connectivity to both Prime Brokers and Administrator.
Nigel Eastman, Head of Operations at James Caird Asset Management comments, ‘We were thoroughly impressed with the implementation of Insight. The project, including a full data migration, was completed on-time and on-budget within 90 days of selecting Tradar. We were looking for a replacement solution that offered unrivalled functionality but helped reduce our overall cost of ownership and Tradar proved to be the perfect fit.
Gerry Gualtieri, CEO at Tradar commented, ‘I am delighted to welcome James Caird to the Tradar client base and their addition is testament to the broad functionality and ease of implementation of our software, as well as the high quality and professionalism of the Tradar delivery team. 2012 was a very successful year for Tradar globally, with significant growth in both new client wins and existing clients expanding their use of our products. We have also continued to expand our support and consulting teams in all our offices to support our growing client base and have some exciting new releases planned for the coming year.