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Paladyne Invests In Senior Buy-side Talent, Expands Sales Team

LAKE SUCCESS, N.Y., Jan. 10, 2013 /PRNewswire/ --  Paladyne Systems, a Broadridge Financial Solutions company (NYSE: BR) and a leading provider of next-generation investment management solutions, today announced the appointment of Jim Feingold as Global Head of Sales. In addition, joining the sales and business development team as senior hires are Devani Maijala, Lisa Zippelius and Michael Conti.

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"We are pleased to expand our sales and business development with a seasoned team to be led by an industry veteran of Jim's caliber as we continue to grow our client base across the buy-side globally," said Sameer Shalaby, President, Paladyne Systems. "Since Paladyne was acquired by Broadridge we have significantly expanded our product offering and account coverage, and are extending into adjacent markets beyond the hedge fund community."  

"I am excited to join Broadridge and lead Paladyne's sales team at this juncture.  Broadridge's global reach and commitment, combined with Paladyne's extensive trading, portfolio management and enterprise data management capabilities, creates an institutional offering unique in the marketplace," said Jim Feingold, Vice President and Global Head of Sales, institutional offering Paladyne.  "We are at an inflection point right now as the buy-side faces an increasingly complex global market landscape, shifting government regulations and the need to monitor their business challenges in real-time. Paladyne offers a world class platform, in a truly hosted solution, to help investment management firms and their service providers with these challenges." 

Mr. Feingold will have responsibility for generating revenue globally, leveraging existing and developing new buy-side relationships directly with hedge funds, asset managers, service providers and channel partners; as well as supporting Paladyne sales into adjacent markets. He was most recently Global Head of Institutional Sales at Direct Markets, Inc., a subsidiary of Rodman & Renshaw, and prior to that Global Head of Sales and Marketing at Portware LLC. Mr. Feingold has more than 20 years of experience, with the last 15 years concentrating on electronic trading platforms and algorithms offered to both the buy-side and the sell-side. He has held sales and marketing positions at Progress Software, Merrill Lynch, Laidlaw Capital Management and Bloomberg Financial Markets.

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