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Quintillion successfully integrates new version of Paladyne software with Advent Geneva

Release Date: 20 October 2010

Dublin, 20 October 2010 - Quintillion has successfully integrated a new version of Paladyne Price and Paladyne Security master with its accounting system, Advent Geneva® and internal control dashboard, QControl.


Paladyne Security Master™ and Paladyne Price Master™ consolidate security, pricing, and corporate actions data, from multiple market data sources into a single "Golden Copy". Paladyne Price Master™ provides automated collection, storage and analysis of prices and market data, customizable pricing rules, and comprehensive audit and compliance reporting. Paladyne Security Master™ is now the industry standard amongst hedge funds and administrators for reference data management.

This new version of Paladyne Price master™, which is integrated with FT Interactive Data, Reuters, Bloomberg and Markit, among other data vendors, includes enhanced functionality that further streamlines the valuation process for various complex instruments. These developments allow Quintillion to provide increased transparency to Investment Managers and their Investors in pricing data and sources.


Quintillion has integrated Paladyne Price Master™ and Paladyne Security Master™ with its own proprietary control dashboard, QControl, ensuring all processes as completed, are notified and approved within the dashboard.


“The recent enhancements of Paladyne’s products allows us to increase considerably the efficiency and effectiveness of our pricing and data management process, eliminating manual intervention and allowing daily deadlines to be reached much earlier than was previously possible”, said Neil Mackay, Head of Investment Operations. “The integration with Q-Control has allowed for a more transparent and controlled environment around the entire pricing process”

About Quintillion

Quintillion is an independent fund administration company based in Dublin’s IFSC. Launched in 2006, the majority ownership of the company is shared by the management and staff, with a 25% minority share owned by JP Morgan Chase N.A. Quintillion provides a complete suite of fund administration and back office support along with shareholder services to a wide variety of clients. Experienced accounting and investor services professionals, coupled with leading technologies which are deployed in an innovative manner, are at the core of its ability to deliver superior fund administration solutions to hedge funds and asset management firms. Our client base of hedge fund managers, institutions and corporations run a broad selection of investment strategies and fund structures that are serviced by client focused teams. Further information: www.quintillion.ie

Contact
Joan Kehoe
Chief Executive Officer – Quintillion Limited
Phone: +353-1-5238001 / Mobile: +353-87-2390665
Email: joan.kehoe@quintillion.ie