Hedge Fund Software

CARY, N.C.–(BUSINESS WIRE)– Risk management remains a hot topic for all financial services firms. Introduction of more stringent requirements, especially in the investment management industry, calls for hedge funds to access more powerful analytics to effectively measure portfolio risk, typically a difficult task with significant fixed costs. To meet this market need, Concept Capital, an [...]

Investors are Demanding Funds Switch from In-house to Independent Administrators
Over 50% of Hedge Funds to Require Daily NAV Calculations within 12 Months

NEW YORK & LONDON–(BUSINESS WIRE)– With a post-Madoff world fixed firmly in the rear-view mirror and new regulations on the horizon, a new report from TABB Group describes how the role of fund [...]

1st December 2009, London, Syncova Solutions, the specialist provider of margining and financing solutions to the Prime Broker and Hedge Fund markets, has signed a new client in Daiwa Securities SMBC Europe, the European arm of leading Japanese investment bank Daiwa Securities SMBC Co Ltd. The firm has deployed Syncova’s OPTIMA/Broker platform, with a global [...]

BOSTON–(BUSINESS WIRE)– As hedge fund managers look forward to coping with expected tighter regulation and reporting requirements of the Obama Administration, they should be prepared to collect and extract much of the same client and investment data that traditional asset management firms now furnish to the Securities and Exchange Commission, according to Boston-based consultant Jane [...]

Advises Hedge Funds to Draw on Techniques Developed by Large Asset Managers for SEC Compliance
BOSTON–(BUSINESS WIRE)– As hedge fund managers look forward to coping with expected tighter regulation and reporting requirements of the Obama Administration, they should be prepared to collect and extract much of the same client and investment data that traditional asset management [...]

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 [...]

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 [...]

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? [...]

* 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 [...]