SOURCE: Shadow Financial Systems

Shadow Financial Systems

October 16, 2012 08:00 ET

Shadow Financial Systems Celebrates 15th Anniversary

PISCATAWAY, NJ--(Marketwire - Oct 16, 2012) -  Shadow Financial Systems started in 1997 as an idea. Fifteen years later, the company has established itself as the mid and back-office leader in real-time reconciliation, clearance, settlement, treasury and accounting solutions for both buy-side and sell-side firms.

Shadow Financial utilizes the most current technology available today in its software and services. The company's signature product, ShadowSuite®, a post-trade, global securities processing system, allows clients 24/7 access to their data. The real-time data and 24/7 access is of major importance with the increasing demands of today's regulatory oversight. "As the street looks to move away from legacy solutions," says CEO Don Marino, "our current technology base and integration of products has been received very favorably and has contributed to us winning clients in markets where our competition has seen considerable contraction."

Shadow has many long-standing clients; among them are National Financial Services LLC, a Fidelity Investments Company, NYSE Arca, Alternative Investment Solutions and Raymond James & Associates. Since its 10-year milestone in 2007, the company has more than doubled its client list adding firms such as Newedge Group and UBS among others. In order to accommodate its growth, the company has continued to increase its staff of professionals and recently expanded its headquarters. "We would like to thank our dedicated staff and supportive clients," says President Joe South. "We would not be in the position we are today were it not for your efforts and assistance."

About Shadow Financial
Founded in 1997 by industry professionals, Shadow Financial's technology provides comprehensive post-trade processing, treasury and accounting functionality on a cost-effective platform for trading organizations. The Company's primary offerings in addition to ShadowSuite® are ShadowMargin™ and ShadowConnect™. For more information about Shadow Financial visit www.shadowfinancial.com.

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