Paladyne Systems, LLC, provider of alternative investment solutions, today announced its expansion into the European market with the opening of a London representative office to be headed by David Simmonds, formerly from Misys Global Managed Services.
“The opening of Paladyne Systems Europe Ltd. is a significant step forward in Paladyne’s global expansion plans,” says Sameer Shalaby, CEO Paladyne Systems, LLC. “We are pleased to announce the appointment of David to head the European office in London and to lead our expansion into the European marketplace.”
The PALADYNE suite of products is an integrated front- to back-office hedge fund solution offered either as a local installation or as a full-service application service provider offering.
As Regional Director, reporting to Paladyne’s President Scott Alderson based in New York, Mr. Simmonds will be responsible for building the Paladyne brand in the London and European markets. Mr. Simmonds’ has over 20 years of experience in sales, marketing and new business development for financial markets institutions and technology vendors.
“We are very pleased to welcome David to the Paladyne team. The addition of his extensive experience in client services and sales for financial and buy-side technologies in Europe will be beneficial to the success of this expansion,” says Scott Alderson, President, Paladyne Systems.