Fund Administrators’ Role at Hedge Funds Second Only to Prime Brokers, Says TABB Group

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 [...]

Hedge Fund Software Companies Quick Review

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 [...]

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 [...]