From public cloud to AI Ops, advanced technology is reshaping contingency planning and the future of work for hedge fund managers.
Technology & software solutions
With fund managers’ demand for increased access to larger datasets, the opportunity arises for service providers in the outsourcing space to enhance these already-expanding datasets. The increased use of data and evolving use cases are leading to a shift towards clients’ front office functions.
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge.
TORA, a provider of a cloud-based order and execution management system (OEMS), has partnered with risk & compliance platform provider, Imagine Software to create a front-to-back end trading solution for hedge funds & asset managers.
More than half of hedge fund managers are now using alternative data to gain a competitive edge, according to a wide-ranging new study into alt data trends by the Alternative Investment Management Association and fund services provider SS&C.
Eventus Systems, a global trade surveillance and risk management software platform provider, has made appointed of four seasoned finance, market and technology professionals who collectively bring 80 years of experience to key positions.
BMLL Technologies, a data engineering and analytics firm, has built a Derived Data desktop application on OpenFin’s OS.
Horizon Software announces outsourcing contract for market making on the Hellenic Energy Exchange Market.
DASH Regulatory Technologies – a regtech-focused affiliate of capital markets technology and execution services provider DASH Financial Technologies – has launched DASH 360R, the next-generation of its industry-leading LDB platform for US regulatory capital calculation and reporting compliance.
Transaction Network Services (TNS) has upgraded its network with the TNSXpress Layer 1 solution in three key New York area data centres.