09:28 AM
Paladyne Releases Enhanced Portfolio Master Solution
Paladyne Systems has released its Paladyne Portfolio Master Version 6.0 for global hedge fund managers.
The latest version provides multi-asset class trading, real-time P&L and portfolio management and is offered as a fully hosted solution as part of Paladyne’s ASP platform or as a local installation.
This new release features enhanced functionality for order generation and trade modeling, real time P&L and model-based pricing, pre- and post-trade compliance, real-time market data integration, expanded OTC product coverage, automated global corporate actions processing and NAV reporting.
In a statement, Sameer Shalaby, Chief Executive Officer of Paladyne Systems, said, “Given recent market conditions, our customers are demanding a single solution for trading and portfolio management that is cost-effective and minimizes their need for complex technology infrastructure.”
He added, “We expect the demands on fund administrators for middle- and back-office support to continue to rise in the US, similar to the European operating model. As a result, we anticipate an increased demand in the US for integrated trading and portfolio management systems.”