Investment technology vendor Eze Software Group has completed a series of upgrades to portfolio accounting and reporting system Tradar PMS, improving asset class coverage across instruments and regions, officials say.
The new functionalities are part of Eze Software’s “drive to streamline investment managers’ workflows and increase operational efficiency through tighter integration between Eze Software applications,” according to a company statement.
The latest version of Tradar PMS will offer deeper integration with Eze’s order management system (OMS). The integration points “now include a trade workflow, security auto-creation and end-of-day position synchronization, with further enhancements to come in 2015,” the statement says.
“Tradar PMS now offers improved functionality to those trading in both developed and emerging markets, and enables our clients to be even more flexible in their investing strategies than ever before,” says Rob Agne, Director, head of product management, in a statement. “This, along with our enhanced integration with the Eze OMS, proves our continued commitment to partnering with our clients, and meeting their ever-changing and developing needs in today’s fast-paced investment environment.”
In the latest version Eze has enhanced support for trading foreign exchange (FX) non-deliverable forwards (NDF) through improved trade workflows, support for the new International Swaps and Derivatives Association (ISDA) price curves, and enhanced FX and NDF detail in reports.
Eze has also “improved and updated post-trade processes for over-the-counter (OTC) trades, particularly equity swap, [credit default swaps] CDSs and more complex types of swaps,” the statement says.
Eze says 100 clients are currently running a version of Tradar PMS that will allow them to take advantage of the new features. Company officials take as a sign that “the continued investment in Tradar PMS has been well received by the market” as sales for Tradar PMS increased 40 percent from 2013 to 2014, officials say.
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