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 Management
- Risk Analysis
- Trade Execution
- Portfolio Management
- Research
- Utility software that help them to integrate software products from different software vendors
A lot of times hedge fund manager decide to invest in integrated software products covering if not all, but the majority of their needs. As a rule back office software products do not have any front office modules.
If in case of the accounting or CRM software products where one product will fully satisfy manager’s needs, a lot of times more than one software vendor is needed for a front office operations. Pretty much any manager has several financial data providers (Bloomberg, etc).
Bigger Hedge Funds invest in the proprietory software systems.
BITA Curve
BITA Curve provides a ‘quant’ workbench including optimisation, analysis and risk reporting, and data management. This enables users to create, test, analyse, manage and report on a portfolio using their own universe of data. BITA Curve gives fund managers unparalleled flexibility, access to data, integration with analytics libraries, and control.
BITA Optimiser
Developed over the last 14 years, with innovative derivative versions – robust, multi-period & gain/loss - BITA Optimiser is known for its flexibility, speed of processing and capacity to handle large complex problems.