CAM New Release Addresses Increasing Hedge Fund and Private Equity Regulations and Delivers Benefits to Streamline Form PF Filing
LAKE SUCCESS, N.Y., July 24, 2012 – Paladyne Systems®, Inc., a , Inc. Company (NYSE:BR) and leading provider of next generation investment management solutions, today unveiled a major new release of Paladyne Reference Data Suite, Paladyne’s industry-standard reference data management solution. With the 8.0 enhancements, Paladyne is the only out-of-the-box solution available that helps with aggregating, cleansing and lowering administration of data costs, as well as with supporting the increasing regulatory and compliance requirements across the enterprise.
The Paladyne Reference Data Suite, which includes the Paladyne Price Master and Paladyne Security Master products, services over a trillion dollars of assets run by hedge funds, investment managers, fund administrators, and prime brokers.
“Given the laser-focus of the industry on improving the quality of their data while cutting the cost of managing reference data, we have added new functionality to the Paladyne Reference Data Suite to meet these needs,” said Sameer Shalaby, President, Paladyne Systems. “In addition, there is an increased focus on regulatory reporting within the industry and Paladyne is helping clients with a centralized reference data repository, clean data, and streamlined data flows to mitigate operational risk.”
Key enhancements to Paladyne Reference Data Suite include:
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and other corporations. Broadridge’s investor and customer communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 10,000 associates in 14 countries.
For more information about Broadridge, please visit www.broadridge.com.
Lisa Jane O’Neil
Neil A. Sullivan
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