Fidessa LatentZero has partnered with Tradar to supply an integrated real-time front office and portfolio management system for hedge funds.

The real-time FIX interface from Fidessa LatentZero's EMS Workstation to Tradar's Insight portfolio management system will enable hedge funds to reduce manual processes in order to eliminate re-keying errors and reduce risk.

In a statement, Russell Thornton, EMS product manager at Fidessa LatentZero, said, "The relationship with Tradar is an important part of our strategy for hedge fund clients. Tradar's portfolio management platform is designed exclusively for the hedge fund industry and enables users to flexibly manage funds of any size trading multiple asset classes. It perfectly complements our own EMS Workstation, and creates an attractive and valuable package for a wide range of hedge funds who are looking for higher levels of control over their electronic trading."

Added Trevor Headley, product management director at Tradar, "We have certainly seen a greater desire among hedge funds to invest in specialist trading platforms, but the large, functionally rich platforms that are appealing to larger institutional asset managers aren't appropriate for smaller hedge funds who are looking for rapid implementation and minimal total cost of ownership. Fidessa LatentZero's EMS Workstation is quick to deploy and requires little or no technical support, which makes it ideal for a wide range of hedge funds. By packaging up our offerings, we increase the value of each, and create greater opportunities for hedge funds to reduce risk and gain the necessary perspective across their portfolios."