October 2022 | As hedge fund back offices grapple with an assortment of pressures, and as tech solutions continue to advance, the allure of automation is greater than ever. Hedgeweek’s latest Insights Report explores how managers’ business infrastructure – and the role of the COO – are changing as a result.
As hedge funds’ business functions grow in complexity, more managers are turning to technology in order to execute a growing number of tasks.
Against a constantly evolving backdrop of advancing technology, heightened regulatory barriers, and increasingly complex business operations, the nature and profile of the hedge fund chief operational officer has transformed over the past decade.
Amid sustained economic upheaval and investment volatility, operations specialists discuss the major trends and themes that are reshaping hedge funds’ business infrastructure.
Despite the boom in third party service provision, hedge funds’ ops infrastructure remains a mix of outsourced, cloud- and in-house processes, as COOs are keen to maintain oversight over key business functions.