Butterfield Fulcrum taps Paladyne ClientLink

Source: Butterfield Fulcrum

Butterfield Fulcrum, a leading independent fund services provider, has announced a comprehensive new service offering which provides clients with an institutional grade front- and middle-office platform.

Butterfield Fulcrum has extended their existing technology platform to include integrated client tools for trading and portfolio management bundled with a complete daily services offering.

Butterfield Fulcrum's latest technology offering leverages Paladyne ClientLink, a client-facing front- and middle-office solutions platform for fund administrators including electronic trading and order management, compliance, real-time profit and loss and risk reporting, portfolio management and automated reconciliation. Paladyne ClientLink is a fully integrated add-on to Butterfield Fulcrum's existing IT infrastructure providing a seamless interface between the fund manager and the administrator. With this shared services and technology platform, fund managers have a complete trading and portfolio management solution bundled with a full 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, a Broadridge Company. "Paladyne ClientLink is an ideal cost-effective solution for managers that require multiple prime broker relationships that want to focus oon their investment decisions while relying on their fund administrator to manage their middle/back-office."
"We are pleased to partner with Paladyne Systems and offer our clients a superior technology solution that is fully integrated with our fund administration model," said Glenn Henderson, CEO of Butterfield Fulcrum. "Paladyne has developed an industry standard technology platform for the fund administration sector that vastly improves operational efficiencies for fund managers, and we are pleased to service our clients with the Paladyne ClientLink platform." 

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