Wednesday, 22 October 2014
Last updated 12 hours ago
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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
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 ...