|
|
From Precy Dumlao, Opalesque Asia:
Paladyne Systems, a provider of next generation investment management solutions to hedge funds, asset managers, fund administrators and prime brokers, has teamed up with compliance solutions provider Advise Technologies, LLC, to offer Form PF reporting solutions to the hedge fund industry.
In a statement, Paladyne and Advise said that the two companies are collaborating to deploy the combined solution at several large U.S.-based hedge funds and several of the world’s largest fund administrators.
"For funds and their service providers to meet this reporting deadline, capturing the necessary data is unprecedented. This is an entirely new process," said Doug Schwenk, President & CEO, Advise Technologies. "The complex reporting requires aggregating, normalizing and tagging data from multiple sources, including portfolio, risk, collateral, and performance data. By integrating our software with the Paladyne data warehouse and security master, we can address the complex data aggregation needs of these funds and allow service providers to complete the reporting requirements."
Sameer Shalaby, President, Paladyne Systems added, "Our clients have been laser-focused on addressing Form PF reporting requirements and have reached out to Paladyne for help. Our partnership with Advise creates a comprehensive and innovative enterpri...................... To view our full article Click here
|
|