Paladyne Systems, LLC has formed an alliance with Microsoft Corp. to service the hedge fund industry with the PALADYNE product line powered by the Microsoft software development platform.
“Managing the entire trade lifecycle – order management, portfolio accounting, analytics toolsets, comprehensive portfolio pricing, custom reporting and more – from a single, end-to-end vendor can be a competitive differentiator for hedge funds,” said Craig Saint-Amour, capital markets industry solutions director for Microsoft’s U.S. Financial Services Group. “Paladyne has caught the attention of Microsoft as one of the more comprehensive ASP offerings in the financial services industry and serves as an impressive case study on how hedge funds can leverage our technology platform in all aspects of their businesses.”
Paladyne and Microsoft are currently working together to distribute and service hedge fund clients.