New York (Press Release) \u2013 Paladyne Systems, Inc., announced a new bundled offering known as Paladyne FastStart\u2122, to address the operational and budgetary requirements of today\u2019s start-up and growing hedge funds. The solution combines Paladyne\u2019s firm-wide technology platform, with a selection of operational and IT support and hosting services designed to reduce cost and improve operational efficiency and control. Paladyne has completed its 30th start-up implementation in 2010 and continues to experience strong global demand for Paladyne FastStart.<\/p>\n
\u201cWe have seen a huge increase in global start-up activity as well as a large number of fund closures due to cost pressures and inability to raise capital,\u201d said Sameer Shalaby, CEO of Paladyne Systems. \u201cAs a direct response to these trends, our bundled technology and services offering is a low cost and easily deployable solution that meets the complex due diligence requirements of institutional investors.\u201d<\/p>\n
Paladyne FastStart includes:<\/p>\n
\u2022\tMulti-asset class trading and order management
\n\u2022\tPre- and post-trade compliance tracking and reporting
\n\u2022\tReal-time P&L and portfolio exposure views
\n\u2022\tIntra-day risk analysis and model-based valuation
\n\u2022\tNAV reporting and daily portfolio accounting
\n\u2022\tDaily reconciliation and \u201cshadow reporting\u201d with fund administrators
\n\u2022\tTime-weighted and AIMR-compliant performance measurement
\n\u2022\tAutomated security setup, corporate actions processing, and pricing with Paladyne Data Services\u2122
\n\u2022\tAutomated counterparty communication and daily reconciliation with Paladyne Tradelink\u2122
\n\u2022\tFully-hosted IT and disaster recovery solution with SAS 70 Type II certified global data centers and 24×7 monitoring and support services
\n\u2022\tLow-cost, turn-key implementation service<\/p>\n
\u201cAs a start-up manager, we required a robust trading and portfolio management system that was affordable and that we could implement in a very short time frame. It needed to work seamlessly with our prime brokers, counterparties and administrator. Paladyne\u2019s fully hosted solution integrates all of our trading, portfolio management, accounting and risk requirements into a single platform and offers significant operational and IT support which reduces our personnel needs,\u201d said George Roeck, CFO\/COO at Charter Bridge Capital Management.<\/p>\n
About Paladyne Systems
\nPaladyne Systems, Inc. (www.paladyne.com), is the leading provider of next generation investment management solutions. Paladyne offers its integrated front-, middle- and back-office platform, known as the Paladyne\u00ae Suite, to hedge funds, asset managers, fund administrators, and prime brokers. The modular Paladyne\u00ae suite includes order management, portfolio management, reference data management, data warehouse reporting and reconciliation, and is complemented by the Paladyne Network\u2122, which is comprised of a number of preferred strategic partnerships with leading software and market data firms. The solution can be delivered onsite or via Paladyne’s industry-leading application service provider solution, Paladyne ASP\u2122. Paladyne was established in 2005 and now serves over 125 clients worldwide. The firm has approximately 160 employees, and is headquartered in New York, with regional offices in New Jersey, London, Russia, and Hong Kong.<\/p>\n
Editing By Alex Akesson<\/p>\n","protected":false},"excerpt":{"rendered":"
New York (Press Release) \u2013 Paladyne Systems, Inc., announced a new bundled offering known as Paladyne FastStart\u2122, to address the operational and budgetary requirements of today\u2019s start-up and growing hedge funds. The solution combines Paladyne\u2019s firm-wide technology platform, with a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-18483","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18483"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18483\/revisions"}],"predecessor-version":[{"id":18485,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18483\/revisions\/18485"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}