This report examines how technologists view trends and opportunities in the hedge fund space, and how the latest advances are helping fund managers focus more on alpha generation, and less on non-core tasks.…
The 'Technology Innovations 2019' special report comprises six separate articles listed below, these can be read individually or as a sequence.
Data processing power has helped to transform the financial industry, thanks to the rise of GPU-powered applications; GPUs are Graphics Processing Units, commonly used by video game developers. Today, not only hedge fund managers but all asset managers, are looking for ways to deploy next generation technologies to improve the way they absorb and process vast data sets. The aim being to improve data management, liquidity management, cost of execution, margin management. The list goes on.
One of the key benefits of the platform-as-a-service model is that it gives smaller and emerging hedge funds the chance to utilise industrial-strength technology tools and applications that are commonly afforded to only the industry’s largest management groups.
The ability to properly scale and build AUM for long-term success should be top of mind for any hedge fund manager. Luckily, thanks to incredible advances in technology over recent years – particularly in relation to cloud-based platforms – efficient scaling, without losing control, is eminently achievable.
Security concerns will always occupy the thoughts of any hedge fund COO, given the extent to which the cyber threat landscape has evolved in recent times. This can present a challenge when determining how much IT budget should be allocated to keep a hedge fund’s data safe and secure. However, advances in cloud technology mean that a more cost-efficient, robust solution now exists for COOs and CTOs to consider.
When SS&C Eze developed the Eze Eclipse platform, the technology group had one eye firmly focused on start-up and emerging hedge funds, many of which face significant cost challenges in today’s marketplace.
Innovation in the funds industry tends to be an overused buzzword. This is understandable, given that innovation touches all aspects of our daily lives, from the way we measure our health and fitness to the way we travel and work. There is a natural tendency, therefore, for companies to say that they are constantly innovating as if, by not doing so, they risk being seen as obsolete.