Hedge Fund Accounting Software

This article will be about hedge fund accounting software providers. I will add to the article as the time goes and I get more information on this niche of hedge fund software industry.
From the top of my head can name a few companies that develop accounting software for hedge funds and FoHFs:
Cogency Softwre
FundCount
Advent
PennyItWorks
To be continued…

What software do Hedge Funds need?

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 [...]