NEW YORK—Paladyne Systems Inc. has licensed its Paladyne product suite to Symphony Asset Management LLC, a San Francisco-based asset manager that employs both traditional and alternative strategies.
Symphony will use Paladyne for firm-wide data management. For example, Paladyne Security Master will be the centralized depository for global security terms and conditions including all listed over-the-counter security types as well as corporate actions. The suite is an integrated set of applications. In addition to security, these applications include order management, portfolio management, portfolio accounting, analytics toolset, comprehensive portfolio pricing, custom reporting and customer relationship management.
We are excited to have Symphony as part of our growing client base and look forward to helping Symphony continue its successful track record with more streamlined operational processes," said Sameer Shalaby, Paladyne's chief executive, in a statement.
The Paladyne system was integrated with Reuters DataScope Onsite earlier this month Previous HedgeWorld Story. Reuters is the parent company of HedgeWorld
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