Butterfield Fulcrum goes live with Paladyne ClientLink
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Butterfield Fulcrum goes live with Paladyne ClientLink 25 October 2011New York Reporter: Ben Wilkie
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Butterfield Fulcrum has extended its technology platform by implementing Paladyne ClientLink, a client-facing front-and middle-office solution for fund administrators. The partnership will allow Butterfield Fulcrum to offer a shared technology platform that provides enhanced services across the entire operational workflow of a fund manager.
Paladyne ClientLink includes trading and portfolio management tools bundled with a complete daily services offering across the entire trade lifecycle from trade execution and real-time portfolio reporting to cash management and daily reconciliation.
“With the implementation of Paladyne ClientLink, our existing and prospective clients now have a unique outsourced technology platform that allows us to provide enhanced services across the entire trading lifecycle and operational workflow of a fund manager,” said Chris Mulhern, COO and president, Butterfield Fulcrum. “Our clients can now extend the role of their independent fund administrator into the middle-office as well as employ best in class front-end trading and portfolio management technology.”
“Today’s fund managers are relying more and more on their fund administrators to provide technology solutions that help them run their daily trading and operations, while streamlining the data communication and aggregation among their various counterparties,” said Sameer Shalaby, president, Paladyne Systems, Broadridge. “Paladyne ClientLink is an ideal cost-effective solution for managers who require multiple prime broker relationships but want to focus on their investment decisions while relying on their fund administrator to manage their middle/back-office.”
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