NEW YORK, NY AND LONDON, UK– November 7, 2007 – Paladyne Systems, Inc., a leading provider of alternative investment solutions, today announced that it has appointed Steve G. Vogel as Chief Financial Officer and General Counsel overseeing finance and administration, legal matters, corporate and project finance, accounting, treasury and human resources. Mr. Vogel brings over 20 years of industry experience to Paladyne Systems working at start-up to mid-sized companies in the software and high tech industries both domestically and internationally including Canada, Europe, Japan, India, and Singapore.
“Steve's industry expertise and leadership make him an invaluable and welcome addition to Paladyne’s executive team at this important time in the company's life cycle,” said Sameer Shalaby, Chief Executive Officer of Paladyne Systems. “Steve’s extensive business, financial and legal experience has contributed significantly to the success of a number of companies in the enterprise software arena. We expect that his broad knowledge base will greatly enhance Paladyne’s leadership position in this fast-growing hedge fund marketplace.”
Prior to joining Paladyne, Mr. Vogel founded Sanguinity LLC, a consulting firm specializing in the restructuring of domestic public and private entities. Mr. Vogel has held CFO and General Counsel positions at Chordiant Software, Inc (NASDAQ: CHRD), Tessera, Inc. (TSRA), iLogistix, and Microbank Software, Inc. Mr. Vogel has an MBA from Wharton, an LLM from New York University, and a JD from Arizona State University. He is a member of the New York Bar and holds a CPA and a CMA. Mr. Vogel will operate out of Paladyne’s new Operations Center in Fort Lee, New Jersey.
“Paladyne is an impressive software company with an incredible vision and exceptional growth," said Mr. Vogel. "I am excited to join such a strong team so focused on serving this demanding hedge fund marketplace.”
About Paladyne Systems
Paladyne Systems, Inc. (www.paladynesys.com), a leading solutions provider for the hedge fund industry, develops and distributes technology 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: order management, portfolio management, portfolio accounting, global security master, analytics toolset, comprehensive portfolio pricing, custom reporting, and customer relationship management. 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 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 analysis of prices and market data from any third-party sources.
- Advent Geneva® – provides complete portfolio accounting solution including general ledger reporting, performance measurement, and portfolio reporting as part of Paladyne’s hosted solution.
CONTACT:
Media Contacts
Scott Alderson, Paladyne US Sales
(212) 616-4306
salderson@paladynesys.com
David Simmonds, Paladyne European Sales
+44 (0) 20 7153 4958
dsimmonds@paladynesys.com
Lisa Jane O'Neil, Paladyne Media
212-786-7629 or 917-361-8303
lisajane@ljoassociates.com