Zan Partners, the London-based asset management firm, has selected Paladyne FastStart as its hosted front-to-back system.

The system will be used for order management, pre-and post-trade compliance, real-time P&L and exposure monitoring, portfolio management, NAV reporting and automated third-party reconciliation.

Zan said in a statement that it had given Paladyne an “aggressive” implementation timescale and that it had been impressed with the firm’s efficient achievement of this.

New York-headquartered Paladyne was launched in 2005 and now has 160 employees working across offices in New Jersey, London, Russia, and Hong Kong.