InfoHedge Technologies Certified as Paladyne Systems Implementation Partner

NEW YORK March 31, 2009 – InfoHedge Technologies, a leading provider of IT services and solutions to the alternative investment industry, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that InfoHedge Technologies has been designated by Paladyne as a Certified Implementation Partner for the PALADYNE™ product suite.

The Certified Implementation Partner designation allows InfoHedge to provide implementation and operational support services to Paladyne clients including: implementation and workflow analysis, report customization, integration services, data conversions, project management, and upgrade management.

InfoHedge and Paladyne have a long history of working as a team to help major alternative investment firms strengthen their infrastructure and achieve significant cost-savings without sacrificing quality or support.

Paladyne targets its Certified Implementation Partner program to well-established IT consulting companies that have significant experience and expertise in the hedge fund industry. Each partner must complete an extensive training and certification course provided by Paladyne’s Client Services and Development groups. The program is intended to provide third-party integration and consulting solutions for firms utilizing the PALADYNE product suite, and entitles InfoHedge Technologies to perform implementation services for Paladyne clients.

The PALADYNE suite enables hedge funds and their service providers to streamline their front- middle-, and back-office workflow via a robust STP architecture, while providing significant cost savings,” said Alexander Kouperman, President of InfoHedge. “After working closely for many years, we are delighted to be a part of Paladyne’s Certified Implementation Partner program. We believe the combination of Paladyne’s product offering and InfoHedge’s extensive hedge fund experience will deliver strong benefits to our mutual customers.”

“We are pleased to welcome InfoHedge Technologies into our Certified Implementation Partner program,” said Sameer Shalaby, CEO of Paladyne Systems. “Paladyne is committed to providing our global clients with the very best in implementation and operational assistance. With InfoHedge Technologies as one of our Implementation Partners, we know that our clients will receive expert implementation and operational support resources.”

About InfoHedge Technologies

InfoHedge Technologies, LLC (www.infohedge.net), is a leading provider of IT services and solutions to the alternative investment industry.   InfoHedge  provides ASP Hosting,  Outsourcing of Systems and Infrastructure Management, Disaster Planning and Recovery, Compliance Technology, Tactical and Strategic Consulting, and Financial Technology Integration and Development.  InfoHedge serves a diverse client base of Hedge Funds, Fund Administrators, Funds of Funds, Investment Advisors, Private Equity Firms and Financial Technology Companies.

About Paladyne Systems

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 comprises a select group 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.

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.

About Broadridge

Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $4 trillion in fixed income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge, please visit www.broadridge.com.