About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Valuelink Adds Ex-Paladyne Systems Exec Simmonds as New Head of Sales

Subscribe to our newsletter

Data validation services vendor Valuelink has added ex-Paladyne Systems European regional director, David Simmonds, to its executive team as head of sales. In his new role, Simmonds will be responsible for spearheading the company’s strategic growth by identifying and maximising opportunities to deliver value to new and existing customers, says the vendor.

Simmonds was regional director at Paladyne, which is focused on the hedge funds sector, for a period of two years. Paladyne’s solution offering includes a fully hosted platform for hedge funds’ back office operations and, during his time at the vendor, Simmonds was focused on hirings and firings, establishing industry partnership agreements and generating new sales.

Valuelink is hopeful that Simmonds will bring this buy side knowledge to bear on his new role, along with his contacts in the industry for new sales opportunities. The vendor is pushing its solution offering as an alternative to in-house maintenance of the data validation function, thus incurring lower costs. It is counting on the economic pressures being exerted on firms in the current environment to encourage them to sign up for its solution.

Data is collected from multiple vendors, specialist sources, brokers, market makers and websites and processed through a six stage validation routine to ensure consistency and accuracy, says Simmonds. Each client specifies their own tolerances and validation checks, as well as the formats in which they want to receive the enriched data.

“In today’s environment every bank and investment manager is under severe pressure to ensure the accuracy of their net asset value (NAV) calculation. Valuelink provide their clients with a service that enhances the daily collection of prices and corporate actions at a fraction of the cost of maintaining a data validation function,” contends Simmonds.

Earlier this year, Valuelink added SIX Telekurs’ Intraday Pricing Service (IPS) as a data provider for its PriceValidation solution. The vendor can now cleanse the data from SIX Telekurs’ real-time Market Data Feed (MDF) against a number of feeds from different data suppliers and internal sources and provide it as an optional feed for its PriceValidation clients.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

Clearwater Looking to Bridge Front-to-Back Office Tech Gaps with Acquisitions

It’s difficult for data and technology companies to fully service financial institutions’ front-to-back operations when behemoth providers are offering closely integrated capabilities at scale already. Clearwater Analytics, however, has a strategy that it believes will work not by necessarily competing with the big aggregators, but by working with them and filling gaps that they don’t...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...