New York-listed Paladyne Systems, which provides investment management solutions, has joined with Advise Technologies, a regulatory reporting service provider, to support private fund requirements (“Form PF”) due to be imposed by the Securities and Exchange Commission.

Paladyne Systems has integrated the Advise Technologies solution with its own Paladyne® Suite of data collection and data management products. The combined solution is hosted in Paladyne’s SAS 70 certified data centres. Paladyne will provide this product to hedge funds directly as well as a bundled software solution for service providers, including fund administrators and prime brokers.

“For funds and their service providers to meet this reporting deadline, capturing the necessary data is unprecedented. This is an entirely new process,” Doug Schwenk, president chief executive at Advise Technologies, said.

“Our clients have been laser-focused on addressing Form PF reporting requirements and have reached out to Paladyne for help,” said Sameer Shalaby, president, Paladyne Systems.

Paladyne has integrated Paladyne Analytics Master™ and Paladyne Security Master™ with Advise Enterprise server and Form PF Workbook.