NEW YORK, NY--(Marketwire - October 27, 2009) - Paladyne Systems, Inc., a leading provider of
technology and services to the global hedge fund Industry, today announced
that Sean O'Mara has joined the company as Vice President of Alliances,
based in the New York office. In his new role, Mr. O'Mara will be
responsible for expanding and maintaining Paladyne's Alliance Network, an
integrated group of "best-of-breed" third-party products offered through
Paladyne's hosted front-to-back office technology platform.
"Sean is uniquely qualified to grow and extend Paladyne's alliances program
and distribution network," said Sameer Shalaby, CEO of Paladyne Systems.
"With an extensive background in prime brokerage, Sean has many years of
experience working with hedge funds and 3rd-party vendors to define and
implement complex infrastructure solutions."
"Paladyne has built an extensive network of industry-leading partners to
provide hedge fund managers an integrated front-to-back solution," said
Steven O'Hanlon, President and COO of NumeriX. "We look forward to
extending our partnership with Paladyne under Sean's leadership."
Prior to joining Paladyne Systems, Mr. O'Mara served as Manager of Third
Party and Client Connectivity Services at UBS Prime Brokerage. Before UBS,
he worked for Lehman Brothers Prime Brokerage, where he managed Transition
Services, and held various roles at Deutsche Bank Prime Brokerage. On the
vendor side, Mr. O'Mara served as a Senior Consultant at Advent. He began
his career as a fixed income trader at New York Life Insurance Company.
"The Paladyne suite of products is a unique and extremely compelling
offering for hedge funds and service providers. The integration of
proprietary applications with best-of-breed partner products provides
clients the flexibility they need when faced with critical infrastructure
decisions," said Mr. O'Mara. "The availability of these products on an
application service provider (ASP), or hosted basis enables clients
to effectively reduce costs and allocate resources more effectively."
About Paladyne Systems
Paladyne Systems, Inc. (
www.paladyne.com), a leading provider of technology
and services to the global hedge fund industry, develops and distributes
products designed to streamline hedge fund operations while providing
business efficiency and cost savings throughout the organization. Paladyne
offers a fully-hosted technology platform known as the PALADYNE® suite
which is capable of supporting the front-to-back office requirements of
today's most comprehensive hedge funds. The PALADYNE® suite is an
integrated set of applications including: trading and order management,
portfolio management, portfolio accounting, global security master, data
warehousing and custom reporting, pricing and valuation, and automated
reconciliation. Paladyne was formed through an acquisition of its
technology platform from a large US-based multi-strategy hedge fund.
The PALADYNE suite includes the following modules:
-- Paladyne Portfolio Master® -- provides electronic trading, order
management and allocation, portfolio management, real-time P&L, and
strategy-based performance tracking.
-- Paladyne Analytics Master® -- provides portfolio analytics, data
aggregation, and custom reporting tools.
-- Paladyne Security Master® -- provides a centralized terms and
conditions repository and distribution engine with real-time updates and
corporate action alerts.
-- Paladyne Price Master® -- provides automated collection, storage,
and time series analysis of prices and market data from any third-party
sources.
Contact Information: Paladyne Systems - US Sales
Scott Alderson
Phone: 646-214-4306
Email: salderson@paladyne.com
Paladyne Systems - International Sales
Jonathan Cross
Phone: +44 (207) 153 4958
Email: jcross@paladyne.com
Paladyne Systems - Media
Lisa Jane O'Neil
Phone: 212-786-7629 or 917-361-8303
Email: lisajane@ljoassociates.com