NEW YORK, NY and LONDON and HONG KONG--(Marketwire - Jul 12, 2011) - Paladyne Systems, Inc., the leading provider of next generation investment management solutions, today announced that Kepos Capital LP, a New York-based global macro asset management firm, has implemented the Paladyne Suite™ as a core component of its operational infrastructure. Kepos Capital was founded in 2010 by Mark Carhart, former co-head of Quantitative Investment Strategies at Goldman Sachs Asset Management.
Kepos Capital LP licensed the Paladyne Suite™, an integrated set of software components for managing the lifecycle of orders, positions, and reference data. Paladyne's solution provides industry-leading functionality for real-time profit & loss calculation, compliance monitoring, model-based valuation, equity short-availability sourcing, firm-wide reporting, automated counterparty communication, and position maintenance event processing. Kepos Capital LP is the first client to integrate proprietary software infrastructure with Paladyne's new live trade blotter and real-time P&L API, achieving a highly integrated and automated investment management platform.
Ed Chu, Chief Technology Officer of Kepos Capital: "Paladyne's functionality and support for the many instruments and asset classes we trade is impressive. But what truly differentiates their platform is the open architecture and API. It has been an important component to our proprietary portfolio construction platform. With programmatic access to Paladyne, we have built an institutional-grade platform with streamlined workflows. We have automated many historically-manual tasks; from derivatives setup to trade and position reconciliations. The combination of our proprietary software and Paladyne allows us to scale our business efficiently and seamlessly."
Nick Bonamo, Head Trader of Kepos Capital: "We designed our workflow architecture around the idea that all orders, transactions, and positions would be staged, monitored, and priced from a single location. Paladyne's Portfolio Master™, as the single point of integration for our numerous specialized execution systems, makes this 'hub and spoke' model a reality. This powerful concept enhances control, reduces process latency, and increases transparency of order activity information. After an extensive review of vendors and service providers, we are pleased to have chosen Paladyne as the functional solution for our complex business."
Matt DesChamps, Chief Operating Officer of Kepos Capital: "Paladyne allowed us to complete our goal of designing a state-of-the-art operational infrastructure. Our team has deep experience with the nuances of handling a broad universe of investable assets in global markets, and Paladyne addresses our high expectations for intelligent functionality, open interoperability, and flexible customizability necessary to support our institutional infrastructure and meet client expectations both today and in the years ahead."
Sameer Shalaby, CEO of Paladyne: "The Paladyne Suite™ was created with an open-architecture philosophy that allows it to be deployed into the most complex infrastructures. Kepos has an operational platform that is among the most technically advanced in our industry. The Paladyne Suite™ enhances Kepos' ability to effectively run their sophisticated business and provides a platform that exceeds the due diligence requirements of large institutional investors."
Kepos Capital LP is a globally focused asset management firm specializing in a scientifically-based yet intuitive approach to investing. Kepos Capital is comprised of approximately 30 individuals, many with backgrounds in economics, statistics and hard sciences. The team is led by Mark Carhart and Giorgio De Santis, who have partnered to manage client capital for over a decade.
About Paladyne Systems®
Paladyne Systems, Inc. (www.paladyne.com), is the leading provider of next generation investment management solutions. Paladyne offers its integrated front-, middle- and back-office platform, known as the Paladyne Suite™, to hedge funds, asset managers, fund administrators and prime brokers. The modular Paladyne Suite™ includes order management, portfolio management, reference data management, data warehouse and custom reporting and reconciliation, and is complemented by the Paladyne Network™, an integrated network of leading 3rd party software and market data firms. The solution can be delivered onsite or via Paladyne's industry-leading application service provider solution, Paladyne ASP™. Paladyne was established in 2005 and now serves over 150 clients worldwide. The firm has approximately 160 employees, and is headquartered in New York, with regional offices in New Jersey, London, Russia and Hong Kong.
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:
CONTACTS:
Paladyne Systems
Neil Sullivan
Paladyne Americas (New York) Sales
+1 (646) 214-3726
nsullivan@paladyne.com
Eric Royer
Paladyne Asia-Pacific (Hong Kong) Sales
+852 3695 5128
eroyer@paladyne.com
Jonathan Cross
Paladyne EMEA (London) Sales
+44 (0) 20 3375 8015
jcross@paladyne.com
Media
Lisa Jane O'Neil
1-212-786-7629 or 917-361-8303
lisajane@ljoassociates.com