LAKE SUCCESS, N.Y.
Oct. 23, 2012
Broadridge Financial Solutions
Company (NYSE:BR) and a leading provider of next-generation investment management solutions, today announced that it has appointed
as Senior Director of Sales to lead and develop the Paladyne offering for long-only
and investment advisors. Mr. Cucurullo brings more than 30 years of experience as an asset management professional to Paladyne.
"Paul is a strong addition to our team for an important market segment. He brings many years of experience and a holistic understanding of the technology and operational needs of investment managers," said
, President, Paladyne Systems. "Some of the largest, most-sophisticated hedge fund managers use Paladyne to manage their mission-critical business. With our heritage in alternatives and the increasing convergence between hedge funds and traditional asset management investment strategies, Paladyne offers an effective solution that meets the challenges facing the industry."
Mr. Cucurullo joins Paladyne from Eagle Investment Systems, LLC, a subsidiary of BNY Mellon. Previously, he was a managing partner, co-founder and director of business development for IX Partners, which in 2009 was sold to Headstrong, a multinational offshore consulting firm. For ten years prior to that, he was Chief Information Officer at Ark Asset Management, a boutique investment advisor with
in assets under management.
"I am excited to join the Paladyne team at this important juncture. Paladyne has a proven and integrated front-, middle- and back-office platform that is suitable for large to mid-tier asset management firms looking to create efficiencies, or emerging managers seeking a complete technology and infrastructure solution," said Mr. Cucurullo. "In the current regulatory climate, firms need a business partner that will help them respond quickly and efficiently to changes in the industry. With Broadridge's size, scale, and synergies, clients can be assured that Paladyne will continue to evolve into the platform of choice for the entire buy-side."