A regulatory change of importance got lost in the avalanche of news that we deal with every day — the SEC is adopting amendments to Form PF, the confidential reporting form launched 12 years ago for hedge funds and private equity funds. “Currently, advisers to private funds file Form PF on a quarterly or annual… Read More >>
Are Manual Systems Too Costly for Hedge Funds?
Hedge funds are paying a high price for manual processes and legacy IT infrastructures, according to new analysis from TradingScreen, a provider of software-as-a-service (SaaS) offerings for transaction processing. The research indicates that hedge funds “are absorbing a punishing $8 million annual hit to their assets under management (AUM) due to high levels of manual… Read More >>
Liquid Holdings Shuffles Executives
New York City-headquartered Liquid Holdings Group, a provider of a software-as-a-service-based (Saas) solutions for the investment management community, reports three senior executive management changes, effective immediately. They are: CFO Peter Kent has been promoted to CEO, succeeding Brian Storms, who will become the company’s vice chairman, providing “advice and counseling in the areas of sales,… Read More >>
Co-Sourcing with Service Providers
Hedge fund South Ferry Capital Management is applying a “co-sourcing” strategy for its service providers, which includes its IT support, in an attempt to create “an institutional quality infrastructure” and keep headcount to a minimum, says Marshall Terry, who is managing principal, chief operating officer and chief compliance officer for the New York-based firm.The firm,… Read More >>
The New Do’s and Don’ts of Outsourcing Hedge Fund Ops
I got a snapshot of where hedge funds stand as far as outsourcing key operations during a panel discussion at FTF’s HedgeOps New York conference last month. It appears that there are some key do’s and don’ts emerging for external providers such as fund administrators and IT outsourcers. Firms are also developing more nuanced strategies… Read More >>
FTF Panel: Ops Take Center Stage Because of Hedge Fund Registration
Compliance and operations in general have earned some new respect as a result of the mandate requiring hedge funds with assets under management (AUM) of $150 million or more to register with the SEC, according to panelists at FTF’s 5th Annual Hedge Fund Operations & Technology Conference, held last week in New York. The need… Read More >>
Analysis: Hedge Fund Ops
Innovations in hedge fund operations are emerging as vendors roll out new hosting channels for key services and an Open Source coding alternative becomes available at a time when investors want firms to get serious about middle and back office support. Drawing upon their years in the hedge fund industry, the founders of the recently… Read More >>
Leveraging Social Media
Most hedge funds generally regard social media as a mixed blessing for getting the word out and drumming up business. But there’s another way to view the social media phenomenon. With the right tools, funds could better harvest the trading-related data from social media sites. The idea of exploiting social media for investment purposes is… Read More >>
Resultant Capital Partners Rides a Private Cloud
At first glance, private cloud computing and hedge funds would appear to be a marriage made in heaven, especially for small-to-medium sized funds. The financial, operational and time-to-market advantages alone would seem to carry the day. But, before they tie the knot, hedge funds want providers that specialize in their business needs.Such is the case for a… Read More >>
More IT Choices for Hedge Funds
Hedge funds have an increasing number of outsourcing choices for their IT infrastructures—a new twist on the buy vs. build question. This new array of alternatives can help fund managers, particularly the small-to-medium-sized firms and start-ups, in the battle for investor attention in a rebounding market, and can help them meet new regulatory obligations. Yet… Read More >>
