Paladyne Systems’ hedge fund solution Paladyne FastStart is experiencing record growth in the Asia-Pacific region and the company has outlined plans to expand its Hong Kong presence to meet this strong demand.
Since Paladyne FastStart was introduced in Asia-Pacific 15 clients, including Paridon Asia, Instinct Capital, and Gen2 Partners, have signed-up for this bundled offering.
"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," says Robert van Paridon, CEO of Paridon Asia, a Singapore-based Asian macro hedge fund.
Sameer Shalaby (pictured), CEO of Paladyne, says: "We are delighted that Paladyne FastStart has resonated so profoundly as an industry standard solution for fund managers in the Asia-Pacific region. 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."
