CZ Capital Switches to Paladyne

CZ Capital, a London-based long/short hedge fund manager, has implemented Paladyne FastStart as its fully-hosted front- to back-office solution, replacing its incumbent system Linedata Beauchamp, according to today’s announcement.

“Our decision to switch from Linedata Beauchamp was driven by our need for enhanced front-office trading and compliance capabilities, and superior levels of support,” commented Matthew Wright, manager of operations at CZ Capital, in today’s release. “Paladyne’s combined technology, data, and hosting services are head and shoulders above the competition, and our experience with the implementation and on-going support has been first-rate and reinforces our decision.”

CZ Capital utilizes Paladyne FastStart™ for electronic trading and order management, pre- and post-trade compliance, real-time P&L monitoring, portfolio management, daily reconciliation, and firm-wide reporting. Paladyne FastStart™ is offered as a fully hosted ASP solution complete with managed IT services, 24×7 technical and product support, hardware, product upgrades and quality assurance, market data infrastructure, and mirrored (“hot site”) disaster recovery.

Commenting on Paladyne’s growing client base in Europe, CEO Sameer Shalaby, stated: “CZ reflects a clear need in Europe for more comprehensive technology and higher service levels, as well as, a trend toward ASP solutions. Paladyne has recently expanded both its London office and European data center facility in response to this increasing demand.”

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio