Measurable results in three (3) months…
this is the Paladyne AdvantageTM
Paladyne prides itself on delivering real, measurable results to our clients in unprecedented time frames. Learn how the Paladyne Advantage™ provides measurable results for our clients.
The Opportunity
A leading multi-strategy hedge fund manager with more than $2 billion under management had quadrupled its assets in 3 years. Due to the fast growth, spreadsheets emerged as the de facto solution of choice to all information demands. The front office was looking for various tools with no success and the back-office was stretched to support the firm’s growth.
The firm had multiple information technology systems and many spreadsheets containing duplicate and related-but-disconnected data needing consolidation to address specific business requirements. The firm’s goal is to generate consistent, absolute returns in all market conditions.
The Solution: PALADYNE™
PALADYNE helped the firm in all aspects of its business. The firm used these PALADYNE modules:
- Paladyne Portfolio Master – The front office now has a way to capture trades from multiple trade execution systems, allocate them across their internal funds, in addition to having a real-time portfolio view they can slice and dice by various dimensions to show their P&L and aggregated positions.
- Paladyne Analytics Master – The middle office can now perform complex analytics on the portfolio and can generate various exposure reports to better asses their risks.
- Paladyne Security Master – The back office now maintains their securities in a global repository.
- Paladyne Price Master – In addition, the back office now prices their multi-strategy portfolio on a daily basis.
The Result
The hedge fund manager accelerated their business performance in many ways.
- Improved performance through real-time awareness of key performance metrics
- Increased investor satisfaction with timely reports
- Streamlined and automated back office processes to produce daily P&L and performance reports
- View portfolio positions to initiate complex queries into portfolios — and across portfolios — by security, by industry, by customer, by fund, by strategy, by trader or any other valid criterion
