Archive for June, 2009

How Software Companies Die

The environment that nutures creative programmers kills management and marketing types - and vice versa. Programming is the Great Game. It consumes you, body and soul. When you’re caught up in it, nothing else matters. When you emerge into daylight, you might well discover that you’re a hundred [...]

Should Hedge Funds Disclose Risk Information?

In the light of the latest events in the world economy, financial crisis and the role of the hedge fund industry in it I am writing this paper on the topic hedge fund disclosure of their risk information.
The last two decades experienced a real boom in the hedge fund market, which grew from approximately $500 [...]

Hilarious Post From Craigslist (very funny)

I believe this post became a web sensation at one point.
One self obsessed lady is looking for a rich man by posting an ad on craigslist:
Okay, I’m tired of beating around the bush. I’m a beautiful (spectacularly beautiful) 25 year old girl. I’m articulate and classy. I’m not from New York. I’m looking to get [...]

Open Source Financial Software Companies and Projects List

Finance is an area where well-written open-source projects could make a tremendous difference. Therefore there is a quick review of the financial open source projects used and evolving in today’s world of financial software:
QuickFIX/J
http://www.quickfixj.org/
The Financial Information eXchange (FIX) protocol is a messaging standard developed specifically for the real-time electronic exchange of securities transactions. FIX is [...]

Will Open Source Software Come To Hedge Fund Industry

More and more analysts start to believe that license based software business models are “pascaleozoic era” relics of the software industry. Though hedge fund software industry does not seem to catch up with the upcoming trend in the software business and continue to ignore open source software as an important part of their business operations.
Why? [...]

Free, High Quality Mathematical, Statisticial, Financial C++ Libraries

Check out www.boost.org
A few specifics of interest include Regular Expressions, a soon to be released Time Series, date/time operations, some geometry constructs, state machine tools, and, well, the list goes on.

Top 100 Hedge Fund Managers

* Angelo Gordon, John Angelo and Michael Gordon
* AQR Capital Management, LLC, Clifford Asness
* Appaloosa Management, David Tepper and Jack Walton
* Atticus Capital, Timothy Barakett, David Slagger
* Avenue Capital, Marc Lasry, Sonia Gardner
* Bessent Capital, Scott Bessent
* The Blackstone Group | Kailix Advisors, J Tomlinson, Bruce Amlicke, Halbert Lindquist
* Blue Ridge Capital, John Griffin
* Blue [...]

List of Hedge Fund Administrators

Another list I compiled very quickly. This time its about hedge fund administrators. Since the topic of this blog is hedge fund software and hedge fund administrators play a great role in the hedge fund software industry therefore deserve special attention.
G&S Associates, LLC
http://www.gsfundservices.com/
Fulcrum Limited
http://www.fulcrumlimited.com
Woodfield Fund Administration, LLC
http://www.woodfieldllc.com/
Piedmont Fund Services, Inc.
http://www.pfsglobal.com/
ALPS Price Meadows
http://www.pricemeadows.com/
Gemini Fund Services, LLC
http://www.geminifund.com/
Dundee [...]

What skills should hedge fund software developer have?

Financial firm’s software developers hail from a broad range of backgrounds and experience levels, coming together to work as one highly motivated, dynamic technology team. They face a wide array of technical challenges, including those involving high-performance distributed systems and real-time applications. Firm is always looking for new talent to join this energetic team of [...]