NEW YORK, NY LONDON, and HONG KONG--(Marketwire - August 17, 2010) - Paladyne Systems, Inc., a leading provider of technology and services to the global hedge fund industry, today announced a major new release of Paladyne Portfolio Master™, its combined order management and portfolio management solution. Version 7.0 provides extended functionality in the areas of compliance, risk management, real-time portfolio analysis and trading, and introduces many new features including a real-time short locator module, and extended integration with Bloomberg®, SunGard®, and RiskMetrics®.
Key enhancements to Paladyne Portfolio Master™ 7.0 include:
- Short Availability Manager connects directly to prime brokers for identifying short availability in real-time, tracking borrow fees and rebates, and managing borrow costs with full transparency. Short Availability Manager is seamlessly integrated into Paladyne Portfolio Master's trading, compliance, and back-office workflow tools.
- Extended Compliance Rules Engine with expanded set of rule types, enhanced custom rules designer, and new logic for supporting UCITS-compliant funds.
- Real-time charting and graphical representations of portfolio analytics and market indicators.
- Enhanced real-time portfolio management and trading dashboards.
- Expanded Bloomberg® SAPI real-time interface with dynamic field mapping to all available data points, including the newly available technical analysis indicators.
- Extended report library for complete front-, middle-, and back-office support.
- Enhanced workflow for Repos and CFDs including electronic trading, financing auto-setup, and specialized portfolio tasks for instrument lifecycle management.
- SunGard Monis™ integration for real-time valuation and analysis of convertible bonds.
- RiskMetrics® integration with expanded portfolio risk reporting across asset classes.
"Paladyne Portfolio Master 7.0 demonstrates our strong commitment to product development and our ability to deliver innovative features and functionality to our clients," said Sameer Shalaby, CEO of Paladyne Systems. "Since its launch in 2008 as the industry's first combined order management and portfolio management solution, Paladyne Portfolio Master™ has grown to over sixty (60) clients worldwide."
About Paladyne Portfolio Master™
Paladyne Portfolio Master is a unique combination of order management and portfolio management functionality including electronic trading and order management, pre-/post-trade compliance, real-time P&L, risk monitoring, and NAV accounting. 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, 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 Credit Master™ -- provides loan processing and administration to fully support loan trading, analysis, reporting, and management.
- 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:
CONTACT:
Paladyne Systems
Sales Contacts
Neil Sullivan
Paladyne US Sales
+1 (646) 214-3726
nsullivan@paladyne.com
Eric Royer
Paladyne Asia-Pacific Sales
+852 6206 9153
eroyer@paladyne.com
Jonathan Cross
Paladyne EMEA Sales
+44 (0) 20 7153 4958
jcross@paladyne.com
Media Contact
Lisa Jane O'Neil
1-212-786-7629
917-361-8303
lisajane@ljoassociates.com