This Special report, featuring contributions from Acresium, Cowen Prime Services, RFA and Linedata Technology Services, looks at the opportunities and challenges for service providers in the hedge fund outsourced services sector…
The 'Outsourcing in Focus 2020' special report comprises five separate articles listed below, these can be read individually or as a sequence.
By A Paris – They say you should never let a serious crisis go to waste and the latest wave of turbulence caused by the global Covid-19 pandemic is certainly testing the hedge fund industry to understand how to make the best of a difficult situation.
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.
As more investors become comfortable outsourcing functions to third-party providers, the importance of excellence in this space is coming into sharper focus. In a part of the industry where services can risk becoming commoditised, providers are keen to demonstrate the high calibre solutions they offer. Outsourcing can alleviate a number of pressures off investment managers, however the service provided needs to be of the highest quality.
Increasing regulations around cybersecurity, data protection and privacy are reinforcing the proposition of outsourced third party service providers. They themselves already operate under a strict data governance framework and recommend robust risk management and data governance strategies to clients so legislation by governing bodies further underlines the importance of the service they offer.
From public cloud to AI Ops, advanced technology is reshaping contingency planning and the future of work for hedge fund managers.