Paladyne Names New Head Of European Operations

Sep 22 2009 | 3:57am ET

Hedge fund technology provider Paladyne Systems has appointed Jonathan Cross as managing director of Paladyne Europe.

Prior to joining Paladyne, Cross was the COO of Tradar Limited, a leading supplier of portfolio management and accounting solutions, where he managed the day to day operations including product management, sales, client support, and professional services. Cross also has a technical background and has provided technology consulting services for a large number of major financial institutions prior to Tradar.

“We expect significant growth in the European hedge fund industry in the coming years and Paladyne is positioning to be the leading provider of hosted front-, middle- and back office solutions to this marketplace,” said Sameer Shalaby, CEO of Paladyne.  “Jonathan brings the leadership and industry experience to expand our presence in Europe, cultivate our existing client relationships, and to further build out our local infrastructure.”

“Paladyne has developed an extremely comprehensive suite of products and a robust ASP solution that addresses both the cost savings and operational requirements of Europe’s alternative investment marketplace,” said Jonathan Cross. “The time has never been more right for hedge funds, fund administrators, and prime brokers to leverage Paladyne’s offering to cut costs, improve operational efficiency, and mitigate risk. I am delighted to lead Paladyne’s European’s business and am excited about the opportunity to service our European clients.”


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...