Paladyne to expand in Asia as growth continues 22 March 2011Hong Kong Reporter: Ben Wilkie
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Paladyne Systems has announced expansion plans in Hong Kong as demand grows for its FastStart software.
Since Paladyne FastStart was introduced in Asia-Pacific 15 clients have signed-up for the offering. Firms implemented include Paridon Asia, Instinct Capital, and Gen2 Partners.
“After our due diligence process we found Paladyne FastStart to be the solution for us that was capable of handling the complexity of our strategies, as well as, the growth we anticipate in the coming months,“ explained Robert van Paridon, CEO of Paridon Asia, a Singapore-based Asian macro hedge fund.
“We are delighted that Paladyne FastStart has resonated so profoundly as an industry standard solution for fund managers in the Asia-Pacific region,” said Sameer Shalaby, CEO of Paladyne “We have recently hired five new employees and have plans to continue our aggressive expansion with the addition of a further ten employees to our Hong Kong office in 2011.”
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