Press Release

 

InvestorGrade Certified as a Paladyne Premier Implementation Partner 
 

New York, Monday, November 04, 2009 - InvestorGrade, a services provider to the alternative investments industry, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that Paladyne has successfully certified InvestorGrade as a Premier Implementation Partner for the PALADYNE™ product suite.

The Premier Implementation Partner designation allows InvestorGrade to provide implementation and operational support services to Paladyne clients including:  product installation, workflow analysis and automation, report customization, integration services, data conversions, project management, upgrade management, and training.

InvestorGrade and Paladyne have collaborated on several consulting projects within the alternative investment industry - from hedge funds and private equity firms to prime brokers and fund administrators. Clients have experienced improved operational efficiency, enhanced reporting capabilities, reduced business risk, and significant cost savings.

Paladyne's Premier Implementation Partner designation is granted to consulting firms that have demonstrated expertise in the PALADYNE™ product suite. Each Implementation Partner must complete an extensive training and certification course provided by Paladyne's Client Services and Development groups and participate in active product implementations. The program is intended to provide third-party integration and consulting solutions for firms utilizing the PALADYNE™ product suite.

"We are excited to welcome InvestorGrade into our Premier Implementation Partner Program," said Sameer Shalaby, CEO of Paladyne Systems. "Paladyne is committed to providing comprehensive services to our clients, and InvestorGrade is now certified to provide enhanced operational support and implementation services to our customers."

"The PALADYNE™ product suite is a unique toolset for investment managers and a great complement to our services offering," said Bill Hludzinski, CEO of InvestorGrade. "By leveraging Paladyne's product suite, InvestorGrade can provide enhanced services in the areas of workflow automation, operational support, enterprise data management, custom reporting, automated reconciliation, and 3rd-party product integration."

About InvestorGrade

InvestorGrade (www.investorgrade.com) is a full-service consulting firm providing technology and integration solutions to the alternative investment industry.  InvestorGrade's experienced team has an extensive knowledge of the hedge fund, prime brokerage and fund administration businesses. Proficiencies include implementing complex front-, middle- and back-office applications, custom report writing, as well as workflow automation and optimization.  InvestorGrade is dedicated to helping its hedge fund, private equity, prime brokerage and fund administrator clients attain operational efficiencies, increase revenue, reduce costs, and manage risk and regulatory change in a rapidly evolving financial services industry.

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 reporting and reconciliation, and is complemented by the Paladyne Network™, which is comprised of a number of preferred strategic partnerships with leading 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 140 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 Credit Master™ - provides loan processing and administration to fully support loan trading, analysis, reporting, and management.
• 
  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.