Merlin Debuts P&L iPad Application

Prime broker Merlin has released a portable version of its Merlin Compass real-time profit-and-loss (P&L) application for Apple's iPad mobile computing platform, officials announced today.

The new application, dubbed Merlin Compass for iPad, provides portfolio managers with real-time analytics as well as intraday performance, risk and exposure metrics.

"This represents a go-anywhere portfolio reporting tool that will keep managers informed, increase efficiency, reduce risk and simultaneously serve