• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
2011 Hedge Fund Operations & Technology Benchmark Study
 

2011 Hedge Fund Operations & Technology Benchmark Study

on

  • 1,653 views

Eze Castle Integration presents the results of its 2011 Hedge Fund Operations & Technology Benchmark Study.

Eze Castle Integration presents the results of its 2011 Hedge Fund Operations & Technology Benchmark Study.

Statistics

Views

Total Views
1,653
Views on SlideShare
1,653
Embed Views
0

Actions

Likes
0
Downloads
63
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    2011 Hedge Fund Operations & Technology Benchmark Study 2011 Hedge Fund Operations & Technology Benchmark Study Presentation Transcript

    • Hedge Fund Operations & Technology2011 Benchmark Study
    • Agenda
      Survey Methodology
      Respondent Profile
      AUM
      Offices/Employees
      Investment Strategy
      Prime Brokers
      Data Findings
      Front Office
      Middle & Back Office
      What does this all mean?
    • Survey Methodology
      223 Total Respondents
      Alternative Investment Firms
      Hedge Funds
      Private Equity
      Fund of Funds
      Venture Capital
      Surveys completed in 2nd half of 2010
    • Respondent Profile
    • Respondent Profile
      Of firms who indicated they used a multi-strategy approach, 56% said they used Equity (L/S) as one of their strategies.
      The second most common strategy used was Fixed Income (22%), followed by Credit and Private Equity (17%), Distressed Securities and Quant (12%), and Arbitrage and Emerging Markets (7%).
      Top Four Secondary Prime Brokers:
      Goldman Sachs
      Morgan Stanley
      JP Morgan
      Credit Suisse
    • Data Findings
    • Front Office
      OMS
      Market Data Vendors
      Market Analytics
      Research & Document Management
    • Front Office: Order Management System
      ConvergEx’sEze OMS, Bloomberg OMS and Advent’s Moxy most commonly used
      Others:
      • BTIG OMS
      • Calypso
      • Charles River
      • DMAXX
      • Fidelity
      • First Derivatives
      • Fiserve
      • Flextrader
      • InstaQuote
      • Linedata
      • McGregor
      • Merlin OMS
      • Neovest
      • Night Direct
      • Portware
      • RediPlus
      • Proprietary System
    • Front Office: Market Data Vendors
      Respondents were allowed to select multiple vendors.
      30% of firms with Bloomberg also had Thomson Reuters
      Others:
      • Factset
      • NYSE
      • Fund Data
      • Wombat
    • Front Office: Market Analytics
      43% of respondents used multiple analytics tools
      Top combinations were Bloomberg & Capital IQ, Bloomberg & Thomson Reuters
    • Front Office: Market Analytics
      Bloomberg, Capital IQ, Thomson Reuters and Factset are most commonly used
      Others:
      • The Street
      • Markets.com
      • BarraOne
      • JP Morgan
      • Edgar Online
      • Hub.com
      • Partners Research
      • Debtwire
      • Morningstar
    • Front Office: Research & Doc Management
      Code Red and Tamale RMS products emerging as ‘leaders’ and increasingly replacing in-house solutions
    • Middle & Back Office
      Portfolio Accounting
      Risk Management
      Investor Relationship Management
      Email Archiving
      Instant Messaging
      Mobile Devices
    • Middle & Back Office: Portfolio Accounting
      Others:
      • Calypso
      • E-file Cabinet
      • Fortis
      • FundManager
      • Gravity Financial
      • Ledgex
      • Northern Trust
      • Proprietary/In-House
      • Tradar
    • Middle & Back Office: Risk Management
      Others:
      • Barra One
      • Bloomberg
      • Factset
      • Fund Manager
      • GlobeOp
      • MATLAB
      • Merlin
      • Murex
      • SunGard
      Note: Some respondents provided multiple answers.
    • Middle & Back Office: Investor Relationship Management
      Others:
      • Code Red
      • Fund Manager
      • Fundrunner
      • Ledgex
      • Microsoft
      • PerTrac
      • Sage SalesLogix
      • Satuit
      • The Next Round (TNR)
    • Middle & Back Office: Email Archiving
      Dodd-Frank requires archiving, driving increased adoption
      Global Relay most commonly used vendor
      Others:
      • Advisor Mail
      • FrontBridge
      • i365
      • Intradyn
      • Message One
      • Seccas
      • Smarsh
    • Middle & Back Office: Instant Messaging
      Of the firms who indicated they used Instant Messaging, 25% listed more than 1 vendor
      Others:
      • Google Chat
      • IMTrader
      • Pigeon
      • Pod
      • Reuters Messaging
      • Trillian
      • Windows Live Messenger
    • Middle & Back Office: Mobile Technology
      Of the firms that listed the use of mobile devices, 8% indicated they used more than 1 provider
    • Final Thoughts
      Dodd-Frank Implications
      Increased Focus on Investor Transparency
      Continued Diversity in the Marketplace
    • Eze Castle Integration Overview
    • 260 Franklin Street, 12th floor Boston, MA 02110 617-217-3000 www.eci.com