NEW YORK, LONDON and HONG KONG, Sept. 08, 2016 (GLOBE NEWSWIRE) -- Hazeltree, the leading provider of integrated buy-side treasury management solutions, today announced that Sol Zlotchenko has joined the company as its chief technology officer. In this role, Zlotchenko leads all aspects of technology direction, product development and technical support for Hazeltree’s treasury solutions. He joins Hazeltree with more than 20 years of software industry experience and extensive financial technology and hedge fund expertise.
“Due to increased regulatory constraints around managing cash and collateral, the need for robust treasury solutions is more critical than ever before,” said Sameer Shalaby, CEO of Hazeltree. “Sol’s expertise in building innovative FinTech products and scaling development organizations will be essential in taking our products to the next level and supporting our clients’ complex needs around managing treasury. As we evaluate the impact of cutting edge technologies such as blockchain and big data, Sol’s leadership will be critical to our continued products innovation.”
Sol Zlotchenko most recently was chief technology officer of investment management solutions provider, Paladyne Systems, which he co-founded in 2005 and was integral to its global growth until it was eventually acquired by Broadridge Financial Solutions in 2011. As CTO, Zlotchenko was responsible for all aspects of technology operations including development and product management. He played a key role in building Paladyne's hosted Application Service Provider (ASP) solution, which was scalable for hedge funds of any size and for industry service providers such as fund administrators and prime brokers. Under his leadership, Paladyne’s front-to-back office solutions managed large data volumes and offered real-time flexibility, enabling Paladyne to grow its client base from hedge funds to larger institutional buy-side firms and banks.
“As regulations continue to reshape the financial industry, we continue advancing our products to help our clients manage this disruption, identify unrealized alpha opportunities as well as improve operational efficiencies around managing cash and collateral,” said Sol Zlotchenko, chief technology officer of Hazeltree. “Our mission is to help our clients efficiently manage their counterparties with a comprehensive and transparent view of the market.”
Zlotchenko has extensive experience in building and scaling companies from infancy to product delivery. Prior to Paladyne, Zlotchenko has been an investor, executive, and software developer at a number of financial firms, including Goldman Sachs and Alexandra Investment Management. Zlotchenko received his Bachelor of Science and Masters of Science degrees in electrical engineering from Columbia University.
About Hazeltree
Hazeltree is the leading Treasury Management solution provider, serving hedge funds, asset managers, fund administrators, insurance companies and pension funds with powerful, proactive performance enhancement and risk mitigation capabilities that generate operational alpha, reduce a range of risks and streamline operations. Hazeltree’s integrated treasury management solution includes comprehensive cash management, securities financing, collateral management, counterparty management and margin management capabilities. Hazeltree is headquartered in New York with offices in London and Hong Kong. For more information, please visit www.hazeltree.com.