Hazeltree Taps Zlotchenko for CTO Slot

Sep 7 2016 | 11:25pm ET

Integrated treasury management specialist Hazeltree has hired former Paladyne Systems co-founder Sol Zlotchenko as its new chief technology officer. 

In his new role, Zlotchenko will be responsible for all aspects of the company’s technology direction, product development and technical support for Hazeltree’s treasury solutions, the company said in a statement. He joins Hazeltree with more than 20 years of software industry experience and extensive financial technology and hedge fund expertise. 

“Due to increased regulatory constraints around managing cash and collateral, the need for robust treasury solutions is more critical than ever before,” said Sameer Shalaby, CEO of Hazeltree, in a statement. “Sol’s expertise in building innovative FinTech products and scaling development organizations will be essential in taking our products to the next level."

"As we evaluate the impact of cutting edge technologies such as blockchain and big data, Sol’s leadership will be critical to our continued products innovation,” he continued.

Zlotchenko most recently was CTO of investment management solutions provider Paladyne Systems, which he co-founded in 2005 and which was acquired by Broadridge Financial Solutions in 2011. Prior to Paladyne, Zlotchenko was an investor, executive, and software developer at a number of financial firms, including Goldman Sachs and Alexandra Investment Management. 

Founded in 2009 and headquartered in New York, Hazeltree offers comprehensive treasury management solutions for hedge funds, fund administrators, managed account providers, pension funds, and insurance companies. The firm’s integrated platform includes comprehensive cash management, securities financing, OTC collateral management, counterparty management and margin management capabilities.

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