This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GoldenTree Asset Management Expands With Paladyne Data Management Warehouse









LAKE SUCCESS, N.Y., May 14, 2013 /PRNewswire/ --   Paladyne Systems®, Inc., a Broadridge Financial Solutions, company (NYSE: BR) and leading provider of next generation investment management solutions, today announced that it has expanded its partnership with long-term client GoldenTree Asset Management, with the firm implementing new products as its data warehouse solution throughout the organization.

(Logo: http://photos.prnewswire.com/prnh/20111207/NY17351LOGO )

US-based GoldenTree Asset Management has $17.9 billion AUM and is one of the largest independent asset managers focused on credit, managing a variety of absolute return and long-only strategies. GoldenTree was the first hedge fund to implement Paladyne Analytics Master in 2006 as part of its continued commitment to providing industry-leading reporting and transparency to their investors. During this time, the concept of "Snap-Shot" portfolio data was conceived and has since become an industry standard. The firm has now implemented Paladyne Analytics Master 8.0, which was released last year, as a locally installed data warehouse solution and real-time conduit to SunGard VPM, as well as many other of its proprietary and vendor applications. The firm smoothly integrated 12 years of data onto the Paladyne platform and is functional across all of their global funds, strategies and multi-asset classes.

"We are extremely pleased to expand our partnership with Paladyne, and provide additional value to our business and clients. We were able to implement a robust data warehouse management solution with which we have rapidly introduced new functionality and reporting, at less expense than what other vendors said would take years to actually build. Our respective teams worked together to create a business vision and a world class solution to solve a fairly simple, yet complex business reporting requirement," said Bill Christian, Chief Operating Officer, GoldenTree Asset Management.

"Paladyne Analytics Master 8.0 has provided GoldenTree with the underlying foundation to build proprietary data aggregation and reporting tools, representing a major improvement in our data management and archiving.  Centralizing the data in Paladyne's platform has allowed our firm to provide more flexible, dynamic reporting and increased data and reporting consistency across the board.  Ultimately it allows us to be far more efficient, effective, and consistent across our clients' reporting and our in-house analysis and decision making capability while also reducing manually intensive processes. We've since been seeing firm-wide operating efficiencies across all departments," said Steven Lamm, Head of Application Support and Data Management, GoldenTree Asset Management.  

"Asset managers today face the challenge of managing and accessing real-time and historical data in a 'Golden Copy' solution that can integrate with their other systems and is cost effective and easy to implement. We are delighted to have provided GoldenTree with our Paladyne Analytics Master solution for their data warehouse and to continue to grow with one of our foundation clients," said Sameer Shalaby, President, Paladyne Systems. "We designed Paladyne Analytics Master to seamlessly integrate with other vendor products to aggregate firm-wide data including portfolio accounting, risk management, reference data, pricing and other critical data sets to meet data warehousing, management, regulatory reporting needs, analysis and decision making." 



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs