Paladyne opens London office

Paladyne Systems, the NY-based provider of hedge fund technology, has opened a London office with the aim of expanding into the European markets. The vendor has hired David Simmonds, formerly of Misys Global Managed Services, to head up the office. Simmonds, who will report to Paladyne president Scott Alderson, has 20 years' experience in sales, marketing and business development for financial institutions and technology vendors.