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From Christine Gaylican, Opalesque Asia:
As more investors opt for a myriad of reliable and technologically advanced services to monitor hedge funds, a leading services provider from the UK, Paladyne Systems Inc. today announced further expansion in the Asia-Pacific in the coming months.
After it launched its Hong Kong office today, other satellite offices will be established in India, Australia and Russia, which are key areas for growth, Paladyne's newly appointed regional director Eric Royer told Opalesque in a telephone interview.
"This is in response to an increasing demand for hedge fund technology and services in the Asia Pacific region. We are uniquely positioned to service managers in the region, who are either launching new funds or who have established businesses and are looking for improved technology and cost reduction," he added.
The company provides alternative asset managers in Asia Pacific with a standardized front-, middle- and back-office solution which the company claims is scalable, cost effective and improves transparency.
Calamity-proof software
Royer noted that because most Asian countries are prone to natural calamities such as typhoons and earthquakes, one of the features of products asked by customers in the region is for a reliable software that allows them to retrieve their data even after their offices have been ran down by fire or washed away by floods.
"Clients now want instant access any ...................... To view our full article Click here
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