Ex Cogency head launches ASP suite, Advent partnering

NEW PRODUCT | PALADYNE LAUNCHES HOSTED FRONT-TO-BACK TECHNOLOGY SUITE

NEW YORK and SAN FRANCISCO – Paladyne Systems, the recently formed hedge fund technology vendor headed up by former Cogency chief executive, Sameer Shalaby, has launched a hosted front-to-back suite of technologies acquired from a multi-strategy New York-based hedge fund, and has also partnered with Advent Software to roll out an ASP version of the Geneva hedge fund accounting system.

The suite comprises Paladyne Portfolio Master, which includes order and portfolio management, real-time P&L,