Blog Entries from 11/2013
It’s almost Thanksgiving, and like always, we are reflecting on what we are truly greatful for. This year, we thought we’d ask some of our Boston employees what they’re thankful for this holiday season.
View our slideshow below to see their answers!
As hedge funds continue to grow and prosper, the need for a “one-stop shop” IT
provider is becoming increasingly necessary. As a fund manager, your job is demanding enough; therefore, finding one company that can hone in on your technology needs and quickly provide solutions is a smart investment, as well as a good relief. Here are a few of the main benefits firms can realize in working with a single, all-inclusive IT provider.
Disruptions can occur at any time and without warning, which is why we should always be thinking about what we need and how we would respond during a disaster. Let’s not forget the tsunami that hit Thailand in 2004 during the holiday season. Thousands of foreign tourists were in Thailand during that disaster, and many were unaware of the risks within the area, evacuation routes and how to receive assistance.
Categorized under: Business Continuity Planning
Starting a hedge fund is an intensive task and there are many aspects of the business that a portfolio manager must consider. Expectations are higher than ever, and investors want to see that new hedge fund startups are taking the right precautions and steps to ensure that both the investment strategy and business operations are sound.
There are a wealth of considerations to review before starting a new hedge fund, and truth be told, most of these points are just as important to keep in mind if you are an established fund. Take a look and you’ll notice these best practices apply to more than just new launches.
Last month, former Secretary of Homeland Security Michael Chertoff said the most significant threat we face as a nation is cybersecurity. That’s a pretty jarring statement given the threats our country faces in terms of terrorism and war, for instance. But the reality is, cyber networks have become the gateway for risks both on the global terrorism front as well as within our internal circles at our places of business.
With watchful eyes geared towards security threats, interest in cybersecurity insurance continues to rise. The Department of Homeland Security and the Department of Commerce have identified cybersecurity insurance as a viable opportunity to thwart the effects of security breaches and attacks by:
Promoting widespread adoption of preventative measures;
Encouraging the implementation of best practices by basing premiums on an insured’s level of self-protection; and
Limiting the losses that companies face following a cyber-attack.
Data center facilities are at the heart of any cloud offering and, as such, are getting more scrutiny as hedge funds evaluate who the right cloud provider is for them.
Earlier this year we created a pretty infograpic that mapped what firms should look for in a colocation facility. Remember this?
Since not everyone loves infograpics, we decided to spell out what we look for in a colocation facility. Our due diligence is extensive, but here are some of the high points.
Ownership, Operation & Support: Eze Castle Integration seeks a colocation facility that is owned and operated by a reputable organization with vast industry knowledge and experience. Additionally, the personnel and client support must be of the highest quality in order to ensure that all Eze Castle colocation clients receive the best service and support possible.