Paladyne Solution for Growing Hedge Funds Experiences Record Growth in Asia Pacific Region

New York, London & Hong Kong - 22 March 2011

Paladyne FastStartâ„¢ Experiences Record Growth in the Asia-Pacific Region.

Paladyne Systems, Inc., the leading provider the leading provider of next generation investment management solutions, today announced that Paladyne FastStartâ„¢, an all-in-one solution for small and growing hedge funds, that was launched in late 2010, is experiencing record growth in the Asia-Pacific region. Paladyne also outlined plans to expand its Hong Kong presence to meet this strong demand.

Since Paladyne FastStartâ„¢ was introduced in Asia-Pacific 15 clients have signed-up for this unique bundled offering. Firms implemented include Paridon Asia, Instinct Capital, and Gen2 Partners.
“After our due diligence process we found Paladyne FastStart™ to be the solution for us that was capable of handling the complexity of our strategies, as well as, the growth we anticipate in the coming months,“ explained Robert van Paridon, CEO of Paridon Asia, a Singapore-based Asian macro hedge fund.

“We are delighted that Paladyne FastStart™ has resonated so profoundly as an industry standard solution for fund managers in the Asia-Pacific region,” said Sameer Shalaby, CEO of Paladyne “We have recently hired five new employees and have plans to continue our aggressive expansion with the addition of a further ten employees to our Hong Kong office in 2011.”

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