Paladyne Systems, a provider of front-to- back-office technology to the hedge fund industry, has released Paladyne Portfolio MasterT with state of the art FIX order routing and execution capabilities. In cooperation with Credit Suisse, Paladyne has enhanced its multi-asset class trading platform to include complete electronic trading and execution with connectivity to hundreds of executing brokers, algorithmic trading services, and third-party execution management systems including Credit Suisse trading venues and algorithms, such as AESR.
Paladyne Portfolio Master is available either as part of Paladyne’s integrated front- to back-office ASP platform or as a local install at a client site. Paladyne’s ASP solution provides a unique, turn-key electronic trading and order management solution with minimal implementation and cost. As such, Paladyne Portfolio Master supports the trading needs of both start-up hedge fund managers as well as multi-strategy global hedge funds.
“Credit Suisse’s partnership with Paladyne has been benefiting our clients and with the integration of Paladyne Portfolio Master to our trading platforms, we are even better positioned to meet the evolving needs of hedge funds,” says Philip Vasan, the Managing Director and Head of Prime Services at Credit Suisse. “We are also working to expand our relationship with Paladyne globally in an effort to provide more comprehensive services to all of our customers.”
“Paladyne Portfolio Master enables hedge funds to trade electronically with venues of their choice. By working closely with Credit Suisse Prime Services, we were able to ensure that our solution supports the needs of funds of all sizes and strategies,” adds Sameer Shalaby, the Chief Executive Officer of Paladyne Systems. “The combination of Paladyne Portfolio Master with our entire front- to back-office integrated product suite enables our clients to reduce costs, increase productivity, and minimize operational risk.”