Mauá Sekular goes live with Tradar

New York - 8 November 2010

Announcement marks extension to firm’s Latin American client base

Tradar, the global portfolio management and accounting software provider, has announced that Brazilian-based firm Mauá Sekular (MSK) has successfully implemented its flagship product, Insight™. Insight will form a key part of MSK’s operational infrastructure, driving efficiency by automating reporting processes across the organization, and ensuring that the front office has access to the most up to date data to support the decision-making process.

In choosing an operations solution, MSK looked for a firm that could act as a partner as MSK’s Latin American Wealth Management business grew. “We were most attracted to Tradar Insight’s scalability which tallies with our ambitions for MSK. At this stage it is our core operations and accounting platform, but as we add additional service providers, it will act as a data exchange interface with counterparties, Prime Brokers, and administrators,” says Arthur O'Keefe, Risk and Operations Partner for MSK Wealth Management.

“Critically important as well is the excellent world-wide support Tradar Insight provides,” notes Douglas Petrin, MSK’s Operations Manager. “Tradar’s round-the-clock availability and remote assistance technology ensured a smooth installation and rapid implementation from our São Paulo headquarters.”

Fabio Vidigal, Senior Partner of MSK and Head of MSK’s Wealth Management Division sums up: “Our clients are highly sophisticated and have complex investment requirements. Consequently, they demand the highest levels of controls and reporting. Tradar’s Insight has been particularly invaluable in supporting and automating trade settlements, corporate actions, and reconciliations, while providing impressive reporting. Tradar’s help with these critical business processes has been fundamental in allowing us to continue to focus on making the best investment decisions for our clients.”

Gerry Gualtieri, CEO of Tradar, adds: “The markets in Latin America are expanding rapidly and the demand for world-class technology is a natural consequence of that. Funds across the region are recognizing the importance of a robust and efficient technology infrastructure for attracting investors, and offering them the best possible service. This announcement marks a further extension to Tradar’s footprint in the region; Insight is clearly a natural fit in this market, and we look forward to further announcements of this nature in the coming months.

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