Hedge Fund Start-Ups Select Paladyne Systems Platform

NEW YORK-Hedge funds have traditionally been considered slow in adopting enterprise data management strategies, but two start-ups are challenging the norm, making one of their first purchases a data management platform from New York-headquartered software provider Paladyne Systems, officials tell Inside Reference Data.

The new Paladyne clients are US-based multi-strategy start-up funds with assets under management of between $500 million and $700 million. They were established by experienced prof

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