Paladyne Systems, LLC, a provider of alternative investment solutions, says that Lighthouse Investment Partners, LLC, an asset manager and fund of hedge funds provider, has licensed the PALADYNE product suite to enhance its global managed account platform.
Lighthouse will implement the PALADYNE ASP offering software, hardware, database maintenance, IT and disaster recovery services. The PALADYNE ASP platform will enable Lighthouse to offer its managers direct access to Paladyne’s front- and middle-office tools including order management, real-time P&L and portfolio management, data warehousing, custom reporting and performance analysis.
“After completing an extensive technology review, we selected PALADYNE ASP due to the broad scope of its product offering, and its integration with our existing accounting platform, Advent Geneva,” says Rob Swan, the Chief Operating Officer of Lighthouse. “Paladyne’s state-of-the-art technology and highly scaleable ASP platform will help us improve our business operations significantly with our existing team.”