LAKE SUCCESS, N.Y., Feb. 28, 2012 /PRNewswire-Asia/ -- Paladyne Systems, Inc., a Broadridge Company (NYSE: BR) and leading provider of next generation investment management solutions, today announced a new release of Paladyne Portfolio Master™, its combined order management and portfolio management solution. Paladyne Portfolio Master 8.0 introduces advanced front-, middle-, and back-office functionality for hedge funds and asset managers.
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"Our commitment to continual innovation of our technology and products to meet the rapidly evolving needs of our clients is reflected in the release of Paladyne Portfolio Master 8.0," said Sameer Shalaby, President, Paladyne Systems. "Hedge funds and asset managers require sophisticated and proven institutional-grade solutions. Building on our already comprehensive suite of services, these new features will help managers measure true profitability, create a seamless straight-through workflow, minimize middle- and back-office costs, and meet new regulatory and reporting requirements, all within a single integrated, hosted solution."
Launched in 2008 as the industry's first combined OMS and PMS solution, Paladyne Portfolio Master now supports significant market share with over 200 hedge fund and asset managers globally. Paladyne's integrated front-, middle- and back-office platform includes order management, portfolio management, reference data management, data warehouse reporting and reconciliation, and is complemented by the Paladyne Network™, which is comprised of a number of preferred strategic partnerships with leading software and market data firms, including hosting services and tight integration with Advent's Geneva® and other leading portfolio accounting applications.
Highlights of Paladyne Portfolio Master's new functionality include:
Paladyne continues to invest in infrastructure and has expanded its SAS 70 Level II certified-ASP hosting services across the suite of products. Paladyne's hosting facilities now include Asia Pacific with a Hong Kong data center, in addition to centers in the US and Europe, providing clients with highly available, redundant and low-latency solutions based on their physical presence.
About Paladyne Portfolio Master™
Paladyne Portfolio Master™ is a unique combination of order management and portfolio management that combines electronic trading, valuation and analytics across a broad range of asset classes including OTC instruments, pre-/post-trade compliance, historical position keeping, NAV generation, market data integration, data aggregation and reporting, customizable portfolio modeling and rebalancing, comprehensive API, fully automated reference data, corporate action and end-of-day pricing management, mobile reporting platform, counterparty integration and reconciliation all in a single integrated package.
Paladyne Portfolio Master™ is available either as a fully-hosted Application Service Provider (ASP) solution via Paladyne ASP™ or as a local installation at a client site.
About Paladyne Systems®
Paladyne Systems, a Broadridge Company, is the leading provider of next generation investment management solutions. Paladyne offers its integrated front-, middle- and back-office platform, known as the Paladyne Suite, to hedge funds, asset managers, fund administrators and prime brokers. The modular Paladyne Suite includes order management, portfolio management, reference data management, data warehouse and custom reporting and reconciliation, and is complemented by the Paladyne Network™, an integrated network of leading 3rd-party software and market data firms. The solution can be delivered onsite or via Paladyne's industry-leading application service provider solution, SAS 70 Level II-certified Paladyne ASP™. Paladyne was established in 2005 and acquired by Broadridge (NYSE: BR) in 2011, and now serves over 200 clients worldwide. The firm has approximately 180 employees, and is headquartered in New York, with regional offices in New Jersey, London, Russia and Hong Kong. For more information, please visit www.paladyne.com.
About Broadridge
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $4 trillion in fixed income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge, please visit www.broadridge.com.
Paladyne Media Contact:
Lisa Jane O'Neil
+1 (212) 786-7629
+1 (917) 361-8303
lisajane@ljoassociates.com
Broadridge Media Contact:
Kelly M. Howard
Broadridge Financial Solutions
+ (212) 981-1347
kelly.howard@broadridge.com
Paladyne Systems Sales Contacts:
Bill Kelly
Global Head of Sales Paladyne
+ (646) 214 3743
bkelly@paladyne.com
Eric Royer, Paladyne Asia-Pacific (Hong Kong) Sales
852 3695 5128
eroyer@paladyne.com
Jonathan Cross, Paladyne EMEA (London) Sales
+44 (0) 20 3375 8015
jcross@paladyne.com