Back-Office Software Leader Shadow Financial Systems Celebrates 10th Anniversary
-Company Continues Strong 2007 Momentum with New Brand Identity and Redesigned Web Site-
EDISON, N.J. (October 9, 2007) Shadow Financial Systems, developers of the ShadowSuite® global securities processing, reconciliation, clearing, treasury and accounting system, today announced its 10th anniversary. Since its inception in 1997, Shadow Financial Systems have established a strong foothold in its served markets — such as broker dealers, hedge funds and administrators — by supporting their post trade processing, reconciliation, clearing and related treasury and accounting requirements. Clients include NYSE Arca, National Financial Services, Raymond James & Associates, Man Financial, Belzberg Technologies, Alternative Investment Solutions, NYFIX International to name a few.
Shadow Financial’s primary software offering is known as the ShadowSuite. ShadowSuite is a highly scalable installed software solution for post-trade processing, clearing, treasury and accounting, providing multi-currency, real-time exception-based handling of all asset classes and transaction types. ShadowSuite consistently earns accolades for its deep functionality, on-demand data access and delivery, and global support. It can be rapidly implemented in a wide variety of environments, helping to facilitate business process improvements, exception management, and generating operational cost savings.
To commemorate its 10th Anniversary, Shadow Financial Systems has launched a new corporate identity as well as a redesigned Web site. Company founder and CEO, Don Marino, commented, “Shadow Financial Systems has had ten solid years of success in place, and we’re excited about the recognition and acceptance we have earned in the market. We are proud to introduce our new corporate identity and redesigned Web site that reflects our stability, professionalism, vision and strength as the only systems provider that can offer next-generation software for back-office needs.”
Marino concluded, “As we celebrate our 10th year in business, we’d like to thank our clients and employees, all of whom have contributed to our accomplishments and business growth. Without them, this would not be possible.”
ShadowSuite is a highly scalable on-premise installed software solution for post-trade processing, clearing, settlement, treasury and accounting, regardless of trading volume, currency combinations, financial instruments and transaction types. ShadowSuite features deep functionality, on-demand data access and delivery and global support. ShadowSuite can be deployed as a fully integrated enterprise solution or as distinct point solutions as required. As a result, ShadowSuite can be rapidly implemented in a wide variety of environments, helping facilitate business process improvements, exception management, and generate operational cost savings.
About Shadow Financial Systems
Founded in 1997 by industry professionals, Shadow Financial’s technology provides comprehensive post trade processing, treasury and accounting functionality on a cost-effective platform for trading organizations. Among the Company’s clients are NYSE Arca, National Financial Services LLC, a Fidelity Investments Company, Raymond James & Associates, MF Global, NYFIX International, and Belzberg Technologies. More information can be found at www.shadowfinancial.com.