By pcurley on October 27, 2009
Paladyne Continues to Expand its Alliance Network of Market Data, Risk, and Pricing Vendors
NEW YORK, October 27, 2009 – Paladyne Systems, Inc., a leading provider of technology and services to the global hedge fund Industry, today announced that Sean O’Mara has joined the company as Vice President of Alliances, based in the New York office. In his new role, Mr. O’Mara will be responsible for expanding and maintaining Paladyne’s Alliance Network, an integrated group of “best-of-breed” third-party products offered through Paladyne’s hosted front- to back-office technology platform.
“Sean is uniquely qualified to grow and extend Paladyne’s alliances program and distribution network,” said Sameer Shalaby, CEO of Paladyne Systems. “With an extensive background in prime brokerage, Sean has many years of experience working with hedge funds and 3rd-party vendors to define and implement complex infrastructure solutions.”
“Paladyne has built an extensive network of industry-leading partners to provide hedge fund managers an integrated front-to-back solution,” said Steven O’Hanlon, President and COO of NumeriX. “We look forward to extending our partnership with Paladyne under Sean’s leadership.”
Prior to joining Paladyne Systems, Mr. O’Mara served as Manager of Third Party and Client Connectivity Services at UBS Prime Brokerage. Before UBS, he worked for Lehman Brothers Prime Brokerage, where he managed Transition Services, and held various roles at Deutsche Bank Prime Brokerage. On the vendor side, Mr. O’Mara served as a Senior Consultant at Advent. He began his career as a fixed income trader at New York Life Insurance Company.
“The Paladyne suite of products is a unique and extremely compelling offering for hedge funds and service providers. The integration of proprietary applications with best-of-breed partner products provides clients the flexibility they need when faced with critical infrastructure decisions,” said Mr. O’Mara. “The availability of these products on an application service provider (ASP), or hosted basis enables clients to effectively reduce costs and allocate resources more effectively.”
Posted in Press Releases
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.
