Alternative investment software provider Paladyne Systems has appointed Steve Vogel as chief financial officer and general counsel overseeing finance and administration, legal matters, corporate and project finance, accounting, treasury and human resources.

Vogel, who has more than 20 years of industry experience at start-up to mid-sized companies in the software and hi-tech industries in the US, Canada, Europe, Japan, India, and Singapore, will be based at Paladyne's new operations centre in Fort Lee, New Jersey.

'Steve's industry expertise and leadership make him an invaluable and welcome addition to Paladyne's executive team at this important time in the company's life cycle,' says chief executive Sameer Shalaby.

'Steve's extensive business, financial and legal experience has contributed significantly to the success of a number of companies in the enterprise software arena. We expect that his broad knowledge base will greatly enhance Paladyne's leadership.'

Before joining Paladyne Vogel founded Sanguinity, a consulting firm specialising in the restructuring of US public and private entities. He has held chief financial officer and general counsel positions at Chordiant Software, Tessera, iLogistix, and Microbank Software.

'Paladyne is an impressive software company with an incredible vision and exceptional growth,' Vogel says. 'I am excited to join such a strong team so focused on serving this demanding hedge fund marketplace.'

Paladyne Systems develops and distributes technology designed to streamline hedge fund operations while providing business efficiency and cost savings throughout the organisation. The firm was formed through the acquisition of its technology platform from a large US-based multistrategy hedge fund.

It offers a fully-hosted technology platform, the Paladyne Suite, capable of supporting the front- to back-office requirements of the most sophisticated hedge funds. The Paladyne Suite is an integrated set of applications including order management, portfolio management, portfolio accounting, global security master, analytics toolset, portfolio pricing, custom reporting and customer relationship management.


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