NEW YORK, NY and LONDON--(Marketwire - November 4, 2009) - InvestorGrade, a services provider
to the alternative investments industry, and Paladyne Systems, Inc., a
leading solutions provider to the global hedge fund industry, today
announced that Paladyne has successfully certified InvestorGrade as a
Premier Implementation Partner for the PALADYNE™ product suite.
The Premier Implementation Partner designation allows InvestorGrade to
provide implementation and operational support services to Paladyne clients
including: product installation, workflow analysis and automation, report
customization, integration services, data conversions, project management,
upgrade management, and training.
InvestorGrade and Paladyne have collaborated on several consulting projects
within the alternative investment industry -- from hedge funds and private
equity firms to prime brokers and fund administrators. Clients have
experienced improved operational efficiency, enhanced reporting
capabilities, reduced business risk, and significant cost savings.
Paladyne's Premier Implementation Partner designation is granted to
consulting firms that have demonstrated expertise in the PALADYNE™
product suite. Each Implementation Partner must complete an extensive
training and certification course provided by Paladyne's Client Services
and Development groups and participate in active product implementations.
The program is intended to provide third-party integration and consulting
solutions for firms utilizing the PALADYNE™ product suite.
"We are excited to welcome InvestorGrade into our Premier Implementation
Partner Program," said Sameer Shalaby, CEO of Paladyne Systems. "Paladyne
is committed to providing comprehensive services to our clients, and
InvestorGrade is now certified to provide enhanced operational support and
implementation services to our customers."
"The PALADYNE™ product suite is a unique toolset for investment managers
and a great complement to our services offering," said Bill Hludzinski, CEO
of InvestorGrade. "By leveraging Paladyne's product suite, InvestorGrade
can provide enhanced services in the areas of workflow automation,
operational support, enterprise data management, custom reporting,
automated reconciliation, and 3rd-party product integration."
About InvestorGrade
InvestorGrade (
www.investorgrade.com) is a full-service consulting firm
providing technology and integration solutions to the alternative
investment industry. InvestorGrade's experienced team has an extensive
knowledge of the hedge fund, prime brokerage and fund administration
businesses. Proficiencies include implementing complex front-, middle- and
back-office applications, custom report writing, as well as workflow
automation and optimization. InvestorGrade is dedicated to helping its
hedge fund, private equity, prime brokerage and fund administrator clients
attain operational efficiencies, increase revenue, reduce costs, and manage
risk and regulatory change in a rapidly evolving financial services
industry.
About Paladyne Systems
Paladyne Systems, Inc. (
www.paladyne.com), a leading provider of technology
and services to the global hedge fund industry, develops and distributes
products designed to streamline hedge fund operations while providing
business efficiency and cost savings throughout the organization. Paladyne
offers a fully-hosted technology platform known as the PALADYNE® suite
which is capable of supporting the front- to back-office requirements of
today's most comprehensive hedge funds. The PALADYNE® suite is an
integrated set of applications including: trading and order management,
portfolio management, portfolio accounting, global security master, data
warehousing and custom reporting, pricing and valuation, and automated
reconciliation. Paladyne was formed through an acquisition of its
technology platform from a large US-based multi-strategy hedge fund.
The PALADYNE suite includes the following modules:
Paladyne Portfolio Master® -- provides electronic trading, order
management and allocation, portfolio management, real-time P&L, and
strategy-based performance tracking.
Paladyne Analytics Master® -- provides portfolio analytics, data
aggregation, and custom reporting tools.
Paladyne Security Master® -- provides a centralized terms and conditions
repository and distribution engine with real-time updates and corporate
action alerts.
Paladyne Price Master® -- provides automated collection, storage, and
time series analysis of prices and market data from any third-party
sources.
Contact Information: Media Contacts
Bill Hludzinski
InvestorGrade Sales
(917) 587-4191
bill.hludzinski@investorgrade.com
Scott Alderson
Paladyne US Sales
(212) 616-4306
salderson@paladyne.com
Jonathan Cross
Paladyne European Sales
+44 207 153 4985
jcross@paladyne.com
Lisa Jane O'Neil
Paladyne Media
(212) 786-7629
or
(917) 361-8303
lisajane@ljoassociates.com