Tora, a technology, trading and liquidity provider for Asia, and Tradar, a supplier of portfolio management and accounting solutions to the hedge fund industry, have completed the integration of Tradar Insight with Tora Compass.
The integration provides continuous, real-time posting of orders executed in Tora Compass to individual portfolios and provides traders with an up-to-the-minute view of positions, P&L, instrument and currency exposures.
“Tora’s clients are among the most prominent and sophisticated traders in Asian markets,” says Tony Swei, chief executive of Tradar. “We are delighted to partner with Tora to enable these clients to record and warehouse trading histories, view live P&L and performance attribution, track positions and exposures, and automatically price portfolios using Tradar Insight.”
“As the number and size of Tora Compass clients continues to grow, so does the need for real time portfolio tracking and financial reporting, seamlessly integrated into our trading platform,” adds Robert Dykes (pictured), chief executive of Tora. “Integrating with Tradar Insight enables us to provide our clients with an end-to-end solution which improves trading efficiency and supports new trading strategies which can translate into better returns.”
Boyer Allan Investment Management, a manager of Asian equity absolute return funds, is the first Tora client to have fully implemented the integrated Tora Compass/Tradar Insight solution.
“Tora meets all our requirements from a functionality, broker neutrality and cost point of view, and we could not be happier," says Guy Commaille, chief operating officer of Boyer Allan. “Thanks to the seamless integration between Tora and Tradar, our trading team have gained genuine efficiencies. Our traders can now instantly see the results of their trades on their financial performance and on their portfolio composition.”
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More