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

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note