Lighthouse Partners Selects Paladyne for its Global Managed Account Platform

New York, NY and Palm Beach Gardens, FL – 9 January 2007

Paladyne Systems, LLC, a leading provider of alternative investment solutions, today announced that Lighthouse Investment Partners, LLC (“Lighthouse”), a multi-billion-dollar asset manager and fund of hedge funds provider, has licensed the PALADYNE™ product suite to enhance its global managed account platform. The PALADYNE suite will automate the trade capture and reconciliation processes as well as the collection, storage, and processing of securities terms and conditions and corporate actions. Lighthouse will also utilize Paladyne’s data warehousing and custom reporting tools, which provide seamless integration to Lighthouse’s existing infrastructure including, Advent Geneva®.

Lighthouse will implement the PALADYNE ASP™ offering, a fully-hosted solution including software, hardware, database maintenance, IT and disaster recovery services. The PALADYNE ASP platform will enable Lighthouse to offer its managers direct access to Paladyne’s front- and middle-office tools including order management, real-time P&L and portfolio management, data warehousing, custom reporting and performance analysis.

“After completing an extensive technology review, we selected PALADYNE ASP™ due to the broad scope of its product offering, and its integration with our existing accounting platform, Advent Geneva®,” said Rob Swan, Chief Operating Officer of Lighthouse. “Paladyne’s state-of-the-art technology and highly scaleable ASP platform will help us improve our business operations significantly with our existing team.”

“We are excited that Lighthouse has selected our ASP solution as a platform for building their managed account business, and we see a number of strategic initiatives to pursue with Lighthouse,” said Sameer Shalaby. “By seamlessly integrating with their Advent Geneva®, we provide Lighthouse with the necessary tools to streamline and automate their processes and improve their business operations without expanding staff.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development