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 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. The solution can be delivered onsite or via Paladyne’s industry-leading application service provider solution, Paladyne ASP™. Paladyne was established in 2005 and now serves over 180 clients worldwide. The firm has approximately 165 employees, and is headquartered in New York, with regional offices in New Jersey, London, Russia, and Hong Kong.
Corporate Timeline
2005
- Founded with the acquisition of the technology platform from a multi-strategy hedge fund.
- Introduces Paladyne® Suite as a comprehensive multi-prime broker solution to hedge funds.
- Signs strategic partnership with Advent Software, Inc. to offer Geneva® as part of Paladyne ASP™.
2006
- Publishes “The Need for Multi-Prime“ white paper.
- Partners with Credit Suisse to offer multi-prime front-to-back office solution to the hedge fund industry.
- Launches industry’s first combined order management and portfolio management solution – Paladyne Portfolio Master™.
2007
- Publishes “The Next Generation Prime Broker“ white paper.
- Opens Client Services Operations Center in Fort Lee, NJ.
2008
- Announces strategic partnership with SunGard to provide fully-hosted VPM™ accounting solution.
- Opens London office to support growth in Europe, Middle East, and Africa.
2009
- Releases “Outsourcing Trends in the Hedge Fund Industry” white paper.
- Announces strategic partnership with RiskMetrics® to provide integrated risk reports for hedge funds.
- Opens Hong Kong office to expand operations in Asia-Pacific.
- Acquires Oakwood Technologies and launches Paladyne Credit Master™.
2010
- Reaches milestone of 65 clients using Paladyne Portfolio Master™ worldwide.
- Launches Paladyne FastStart™, a complete turnkey offering for small and growing hedge funds.
2011
- Acquired by Broadridge (NYSE:BR) in September 2011.
