With institutional dollars now dominating the hedge fund industry, managers are facing far more stringent operational due diligence assessments. Pension funds and endowments are hiring dedicated ODD teams simply to go in and find reasons not to invest in managers.

“The major changes we see are in demands for access to data and demands for accuracy. Our clients want to see data more in real-time, anytime, anywhere. There is a lot more information that has to be managed and accuracy

With cyber risks increasing year-on-year, and regulators such as the Securities and Exchange Commission (`SEC') taking an increasingly prominent role in assessing the preparedness of broker-dealers and registered investment advisors, establishing cybersecurity best practices is not only useful; it's a

There has been an acceptance across many top-tier hedge funds that some of the operations they perform, whilst important, are not clear differentiators but rather diversions to their core task.  “Ultimately, the ability for a hedge fund to grow and

The word “innovation” is used far too casually, not just in financial services but across industries. At Advent Software, a pioneer of fund accounting technology for more than 30 years, the focus isn’t on delivering innovation for innovation’s sake. Rather,

Cybercrime could extract up to 20 per cent of the global economic value created by the Internet through fraud and espionage, according to the Centre for Strategic and International Studies. Following last year's Cyber-Security Risk Alert, the SEC's Division of

There is a tendency when faced with a potentially serious threat to take extreme measures in life. Cybersecurity is no different. Many firms are looking for a quick fix, even if it comes with a high price tag. However, should

As the asset management industry continues to grow, driving investors’ appetite for more transparency, reporting and risk controls, the biggest challenge hedge fund managers face is how to create scale.  Founder and CEO Jayesh Punater established Gravitas Technology Services in

According to Alexei Miller, head of the Financial Services practice and managing director at DataArt, a technology consulting firm that designs and builds custom software systems, data and data management remains front and centre of managers’ minds in the alternatives

Today's world has never been more interwoven. Cybersecurity risks have grown exponentially as global businesses have become more integrated with counterparties and system architectures have grown in complexity. In the opinion of Gerhard Grueter, co-founder of Lawson Conner, a market