In this comeback year for investors, David Tepper may have scored one of the biggest paydays of all.
Mr. Tepper’s hedge-fund firm has racked up about $7 billion of profit so far this year—with Mr. Tepper on track to earn more than $2.5 billion for himself, according to people familiar with the matter. That is among [...]
Lets say you want to start a hedge fund. Its not that complicated though you would need some tools and processes set up to run your operations. Off course the variety of tools and processes would depend on the your knowledge and complexity of your strategies.
Though a vanilla hedge fund would need at least the [...]
I saw an estimate of average yearly software related costs of a hedge fund with about 300 mln under management:
Statistical Software Licencse Fees - $30,000
Data Feeds - $80,000
Back Office Software (accounting, CRM, etc) - $50,000
Total Comes up to about: $160,000 / year
Interactive Brokers.
Patsystems.
IQ Feed.
eSignal.
SmartQuant.
Genesis.
tick-TS TradeBase.
Trading Technologies.
MetaTrader.
FXCM.
FIX Connectivity.
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 [...]
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 [...]
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 [...]
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 [...]
I quickly compiled a list of software companies working on the software products used by hedge funds:
Cogency Software (CogencySoft.com) Fund of Hedge Funds Insight and Investor Insight - integrated CRM, portfolio management and multi-currency GL, investor, partnership accounting software focused on Funds of Funds .
TKS Solutions (PennyItWorks.com): Penny - accounting software with target market of [...]
As a pretty much every business hedge funds are in need for a variety of the software products to support different aspects of their business. Multiple software products may be needed to support their back office operations as well as front office.
Any hedge fund would definitely need software products to support such operations as:
Accounting
Client Relationship [...]