Riley Paterson Investment Management, a Singapore-based hedge fund manager, has implemented Paladyne Portfolio Master as its fully-hosted front-to-back-office solution.
Paladyne Portfolio Master offers a combination of order management and portfolio management functionality, and may either be installed on-site or delivered via Paladyne Systems’s hosting platform, Paladyne ASP.
Riley Paterson utilizes Paladyne Portfolio Master for order management, compliance, real-time profit and loss monitoring, portfolio management, NAV reporting, and automated reconciliation to its prime brokers, said US-based Paladyne Systems.
Additionally, Paladyne Portfolio Master also integrates with Riley Paterson’s direct execution brokers and its preferred execution management system, Bloomberg EMSX.
Paladyne’s ASP platform provides Riley Paterson with a fully managed IT service, 24×6 technical and product support, hardware, product upgrades and quality assurance, and mirrored disaster recovery.
Andrea Sorani, COO of Riley Paterson, said: “This single relationship with Paladyne provides us with one cost-effective solution that covers our needs from trade capture to reconciliation and reporting, and eliminates the need to have a separate OMS and PMS system, as well as, the necessary IT support for integration and management.
“The unique product functionality, together with the Paladyne ASP delivery model and the outstanding quality of Paladyne’s support, has made us very satisfied with our partnership with Paladyne.”