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Eze Castle Integration: Best Cybersecurity Provider – In today’s remote world, firms now more than ever need to ensure the security of their distributed workforces. The Covid-19 pandemic had a profound impact on global businesses as well as their employees who have had to adapt to new environments and adopt new collaboration methods.
This rush to the edge of the network has also brought significant security challenges. As a result, firms are taking a closer look at their security postures and investing in technology to not only better secure their organisations but also make employees more productive.
Commenting on these developments, Steve
DMS Governance: Best Offshore Regulatory & Compliance Firm – Regulation is changing rapidly across all jurisdictions and as hedge fund managers look to capitalise on increasing institutional investor interest, they are reaching out for the global support to facilitate this. As well as ensuring that they adhere fully to the current rules they must also be well primed for any future amendments.
“Clients are no longer looking for single jurisdictional support from DMS and to that end, we are focusing keenly on providing global support to our clients,” comments Matthew Brown, Managing Director, DMS Governance.
Present in multiple financial centres across
Align: Best Cloud Services Provider – The changing needs of fund managers, driven by regulatory and industry progress, means Managed Services Providers are in a strong position to capitalise on these developments. The increased demand for regulatory-compliant IT services, increasing focus on operational standards and controls as well as the abrupt shift to a decentralised workforce have contributed to Align breaking the 350 client threshold in just about three years of going to market.
BTIG Prime Brokerage: Best Boutique Prime Broker – In the last year, BTIG Prime Brokerage has experienced tremendous growth in the number of funds on its platform. “Whether established hedge fund, newly launched business or family office, managers are selecting BTIG as their prime broker for multiple reasons – better client service, customised solutions, a robust portfolio reporting system and seamless integration with our Outsource Trading and Electronic Trading offerings. Our high levels of client satisfaction lead to referrals not only from existing clients but also from other service providers – accountants, attorneys and even bulge brackets for small and mid-sized accounts that don’t
CohnReznick: Best Audit Firm – In the current environment, launching a fund requires more preplanning than ever before. Along with successfully raising capital, there are various other key factors which play a crucial role in making sure the launch is successful. Establishing adequate operational support is a critical part of the process. Bill Pidgeon, Co-Leader of CohnReznick’s Financial Services Industry practice, comments: “Launching a fund takes more than just knowing how to gain investment alpha. Planning around achieving operational alpha is just as important. Managers need to be able to identify compatible partners; having a strong supporting cast at launch is
BNY Mellon’s HedgeMark: Best Managed Accounts Platform – Institutional investors are changing the way they access the hedge fund asset class. Their desire for increased control, customisation and transparency is driving an increase in the use of managed accounts.
“We believe we are still in the early innings of the shift to managed account structures,” comments Joshua Kestler, Global Head of HedgeMark, “Market volatility and macro uncertainty will drive an increase in the use of managed accounts as a means to maintain tighter control of assets and increased transparency which allows investors to more effectively manage their portfolios from a risk
Arcesium: Best Data Management Solution – As investment managers become more comfortable with making use of new technology, firms in the financial services industry are now reaching out to providers of fintech platforms, services and infrastructure for supporting in sustaining their operating model. They also understand both the need to be more agile and the role technology plays in making this happen.
Investcorp-Tages: Best Seeding Platform – Investors have been increasing their focus on diversifying away from traditional assets and gaining exposure to solid and consistent alpha generation. This has translated into an increased need for steady and new sources of alpha above and beyond a well contained market risks exposure.
According to Lionel Erdely, Co-CEO and CIO of Investcorp-Tages, this focus will create an increased appetite for solid emerging managers, who have demonstrated their capability to deliver on these objectives. It will also increase the need for customised solutions.
These have been two key areas of expertise of Investcorp-Tages since inception.
“Our
FIS: Best Risk Management Technology Provider – The essence of the FIS Front Arena solution centres on providing portfolio managers with dashboards that deliver a real time view of positions, risk and performance. Adrian Holt, Director at FIS, identifies that the strength of the solution is the broad range of investment strategies the platform can support: “This coverage is enabled by the vast range of asset classes and associated valuation models which are natively built into the application. Through these models, users have access to a very broad range of analytics and metrics. These are augmented through the integration of other
Anchin, Block & Anchin: Best Accounting Firm for Start-up & Emerging Funds – The increase in market volatility has provided hedge funds with the opportunity to generate returns in excess of the indices. However, despite the positive performance, emerging managers are still struggling to raise capital, as investors remain hesitant to hand mandates down to managers they have not met in person.
Due to the general trend of the markets over the past few years, startup managers found it difficult to raise money, given investors could source better returns elsewhere, usually at a lower cost. The situation has now changed.
