Wednesday, 26 November 2014
Last updated 2 hours ago
Dec 7 2006 | 3:35pm ET
For an industry famed for its secrecy, hedge funds are increasingly relying on outsourcing and Web-based systems for trading, reporting and communicating with investors. With greater connectivity, of course, comes greater security risk.
New York-based Richard Fleischman & Associates aims to help hedge funds combat hackers, rogue employees and the like with its new RFA Sentinel service, which it calls a real-time security intelligence solution. Fully-managed, RFA Sentinel is designed to identify hackers, viruses, spam, spyware, security breaches and unauthorized access, the many faces of trouble for a tech-savvy firm.
“We understand that the network is a hedge fund’s engine for generating revenue,” Richard Fleischman said, “and it’s our job to make sure that engine is always running clean and smooth with minimal time and resources expended by the enterprise.”
The Sentinel system collects and correlates data from all manner of systems and devices, helping to eliminate false positives and identify security breaches and violations. It also assists in compliance auditing.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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