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Asset Value Investors In-Sources with Paladyne Suite

             Asset Value Investors In-Sources with Paladyne Suite

Gains Greater Transparency, Improved Reporting to Investors and Controls on
Portfolio

PR Newswire

LAKE SUCCESS, N.Y., Jan. 24, 2013

LAKE SUCCESS, N.Y., Jan. 24, 2013 /PRNewswire/ --Paladyne Systems®, Inc., a
Broadridge Financial Solutions, company (NYSE: BR) and leading provider of
next generation investment management solutions, today announced that
long-only traditional asset management firm Asset Value Investors (AVI) has
selected and implemented Paladyne to bring greater ownership and control to
its internal operations.

(Logo: http://photos.prnewswire.com/prnh/20111207/NY17351LOGO)

London-based AVI runs a range of nine funds and managed accounts with assets
under management of £1.3 billion ($2.1 billion). The firm implemented the
Paladyne Suite, including integration with OMGEO CTM and FXALL, to meet its
bespoke reporting and compliance requirements. AVI implemented Paladyne
Portfolio Master for trading, pre-/post-trade compliance portfolio management
and NAV generation, and Paladyne Analytics Master for data aggregation,
warehousing, reporting and reconciliation, all fully hosted in Paladyne's SSAE
16-certified ASP platform. In addition, Paladyne built a customized FX
calculation solution for AVI.

In the first phase of the implementation, AVI was able to take in-house 8
years of data from all its fund vehicles, which had been previously outsourced
to a third party, to facilitate customized reporting to investors and take
greater ownership of their operations and portfolios. Paladyne Compliance
Manager allowed the firm to systematically run reports and demonstrate to
investors the greater controls around portfolio construction, and within the
post-trade environment. Paladyne Analytics Master also allows AVI to provide
very granular level reporting that can be tailored to specific investor
requirements.

"Given our range of fund vehicles and investors, we needed to tailor
information quite specifically for different communication channels. We felt
if we owned that data and the systems, we could be far quicker in responding
to changes both within the industry and within our own investor universe. With
Paladyne, we can respond and adapt much more quickly than if we had to
influence a third party provider that might not have the same priorities as
AVI," said Kimmberly Lau, Company Director, AVI.

"We short-listed several vendors in this process, but Paladyne offered the key
benefit to a one-stop shop for front- to back-office processing that will
adapt itself to our short- and long-term needs. With this combination,
Paladyne came out on top. Going forward, we are keen to utilize Paladyne to
its fullest in order to make the trading lifecycle as efficient as possible,
as well as maximize other functionality such as compliance, trade reporting,
and system reconciliations. With Paladyne, our goal is to make AVI a truly
robust, best-of-breed player and demonstrate to our investors the benefits of
the transition we have undertaken. We were also very pleased with the
responsiveness of the Paladyne team on all issues," said Jake Crowhurst, Head
of Operations, AVI.

"As Paladyne builds out its offering to long-only asset managers, we are
pleased to partner with AVI to complete their platform. The fundamental
operational risks faced by hedge fund and long-only managers are the same
across the board and the trade lifecycle. With AVI, Paladyne demonstrates an
effective solution to meet the challenges facing the industry, and which works
across all strategies, products and asset classes being utilized by today's
investment managers," said Sameer Shalaby, President, Paladyne Systems.

About Paladyne Systems

Paladyne Systems, a Broadridge Company (NYSE:BR), is the leading provider of
next generation investment management solutions. Paladyne offers its
integrated front-, middle- and back-office platform, known as the Paladyne
Suite, to hedge funds, asset managers, fund administrators and prime brokers.
The modular Paladyne Suite includes order management, portfolio management,
reference data management, data warehouse and custom reporting and
reconciliation, and is complemented by the Paladyne Network, an integrated
network of leading 3rd-party software and market data firms. The solution can
be delivered onsite or via Paladyne's industry-leading application service
provider solution, - SSAE 16-certified Paladyne ASP. Paladyne was established
in 2005 and acquired by Broadridge in 2011 and now serves over 225 clients
worldwide. The firm has approximately 180 employees and is headquartered in
New York, with regional offices in New Jersey, London, Russia and Hong Kong.

For more information, please visit www.paladyne.com.

About Broadridge

Broadridge is a technology Services Company focused on global capital
markets. Broadridge is the market leader enabling secure and accurate
processing of information for communications and securities transactions among
issuers, investors and financial intermediaries. Broadridge builds the
infrastructure that underpins proxy services for over 90% of public companies
and mutual funds in North America; processes more than $4.5 trillion in fixed
income and equity trades per day; and saves companies billions annually
through its technology solutions.

For more information about Broadridge, please visit www.broadridge.com.

About Asset Value Investors

Asset Value Investors was established in 1985 to manage the assets of British
Empire Securities & General Trust plc (British Empire), then a £6 million
London listed investment company. A group of UK institutional and private US
investors supported a 4 for 1 rights offering to enlarge British Empire to £30
million. British Empire is now capitalised at over £745 million.

AVI's other clients include CF Asset Value Investors Global Fund - a UK Open
ended Investment company and AVI Value Fund - a US limited liability
corporation; and funds managed for leading US endowments and foundations.

Funds under management total £1.3 billion ($2.1 billion)

Paladyne Media Contact:
Lisa Jane O'Neil,
+1-212-786-7629
+1-917-361-8303
lisajane@ljoassociates.com

Broadridge Media Contact:
Kelly M. Howard
Broadridge
+1-212-981-1347
kelly.howard@broadridge.com

SOURCE Paladyne Systems, a Broadridge Company

Website: http://www.paladyne.com
 
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