Paladyne Systems, a New York-based technology provider, on Monday officially launched a new turnkey front-to-back office service for start-up hedge funds called Paladyne FastStart.

The new platform allows smaller hedge funds – those with under $1 billion in assets under management -- to benefit from the same technology as larger funds. There is one condition: they must buy all of Paladyne’s front, middle and back office services off-the-shelf; with little-to-no customization.

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