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Paladyne Teams up with Columbus Avenue
By HedgeWorld Staff
| Wednesday, April 30, 2008



NEW YORK—Paladyne Systems Inc. has licensed its Paladyne Analytics Master to Columbus Avenue Consulting, a provider of onshore and offshore administrative services to hedge funds and funds of funds. Columbus Avenue Consulting uses SunGard's Visual Portfolio Manager as its accounting engine, and Paladyne has fully integrated Analytics Master with that at Columbus Avenue Consulting.
Columbus will host Paladyne Analytics Master directly and offer users web-based access to Paladyne's custom reporting, data analysis and automated reconciliation software. Paladyne Analytics Master provides fund administrators and their clients with a reporting and data warehouse platform. Administrators also use it for automated reconciliation.
"We explored several reporting and data analysis tools to offer our clients, and chose Paladyne Analytics Master for its broad functionality and its seamless integration with our portfolio accounting and back-office solution, Visual Portfolio Manager," said Joe Holman, founder and managing partner of Columbus Avenue Consulting, in a statement. "Paladyne Analytics Master will provide our fund manager clients with direct access to their accounting and operational data, including [net asset value], [profit and loss], performance and transaction activity either on-demand or on a daily basis."
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