Survey: Buy-Side Firms Pick Software Favorites

Dec 10 2013 | 11:48am ET

Advent Software is the portfolio accounting product of choice for 54% of the 538 buy-side firms polled by Boston-based hedge fund IT specialist Eze Castle Integration.

Eze's 2013 Global Technology Benchmark Study asked respondents in the U.S., UK and Asia to name their preferred technology solutions in a range of categories including market data, portfolio accounting, order management, archiving, mobile technology and more.

Bloomberg dominates the market data and analytics category, chosen by 92% of firms for the former and 82% for the latter.

Eze's own OMS continues to lead the order management system category while Global Relay topped the message archiving category, claiming 82% of respondents.

Struggling BlackBerry remains the top choice of 92% of respondents in the mobile category but the adoption rate of Apple devices has risen steadily from 10% in 2011, to 30% in 2012, to today’s 42%.

One blank spot in the survey was research and document management: 55% of respondents do not currently use a formal RMS tool.

“As the global leader in hedge fund IT, Eze Castle Integration is committed to educating the alternative investment market about the various technologies available to effectively and efficiently run their business,” said Bob Guilbert, managing director of Eze Castle. “With the insight from our annual benchmark survey, hedge fund managers are empowered to select technologies and service providers that will best support their companies.”
 


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Strippers Accused Of Robbing Hedge-Fund Manager Face Jail

Oct 20 2014 | 9:20am ET

A group of alleged stripper-thieves—whose victims include a hedge-fund manager...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.