2017 is quickly approaching and so are a plethora of new financial technology and operations articles here on Hedge IT. As we wrap up 2016, let’s take a look back and share some of our readers’ favorite articles from this past year.
Tips for launching a hedge fund are always popular on Hedge IT, and 2016 was no different. Earlier this year, Eze hosted a webinar featuring speakers Paul Schultz from Wells Fargo, Michael Mavrides from Proskauer Rose LLP, and Bob Guilbert from Eze Castle Integration. A few key takeaways from the 1-hour event include:
Understand that investors will expect enterprise-grade technology built in from Day 1.
Remember the advantages of the cloud: a predictable cost, flexibility and scalability (“tech on demand”), enterprise security, and professional management and monitoring.
Compare both the benefits and disadvantages of a “master fund” versus a “side-by-side” structure (e.g. the master fund allows for one set of books and trades, while the side-by-side structure allows for more tax flexibility)
Show investors that you have a 3+ year budget for working capital without any performance fees.
With the holiday season upon us, we'd like to wish all of our clients, partners, friends and colleagues Happy Holidays and a healthy, successful 2017!
Click below to view our 2016 holiday e-card.
Categorized under: Eze Castle Milestones
Cloud, Cyber Security and Managed Services: Putting Eze Castle Over the Top in Waters Rankings (Video)
We're thrilled to share that Eze Castle Integration has won the coveted awards for Best Cloud Infrastructure Provider and Best Cyber-Security Provider in the 2016 Waters Rankings. Vinod Paul, Managing Director of Eze Castle Integration, spoke with Dan DeFrancesco, Deputy Editor of Sell-Side Technology and Waters Technology about how Eze Castle Integration differentiates itself from other cloud and security providers.
Watch Vinod's video interview below or scroll down for some quick takeaways.
The security threat landscape continues to evolve, and security through obscurity is no longer (and probably never was) an ideal approach to protecting the sensitive data of the hedge fund industry. A 2015 Cyber Security Intelligence Index study by IBM found that over 62 percent of cyber incidents targeted three industries -- Finance, Insurance, and Information and Communications -- highlighting the serious risk cyber intrusions present to financial firms.
The report found that in 55 percent of all cyber attacks in 2014 were carried out by either malicious insiders or inadvertent actors and that unauthorized access triggered nearly twice as many incidents in 2014 compared with 2013. According to the report, “certain types of unauthorized access incidents rocketed to the top, accounting for 37 percent of the total—nearly doubling from 19 percent in 2013. ShellShock and Heartbleed were the game changers here.”
Another example cited was that malicious code and sustained probes together accounted for 40 percent of all the incidents observed. According to IBM, with an ever expanding array of malware from which attackers may choose— including viruses, worms, Trojans, bots, backdoors, spyware and adware—it seems fairly certain that malicious code incidents will continue to wreak havoc for the foreseeable future.”
These examples demonstrate that the risks facing large organizations and smaller firms (read: hedge funds) are just as real. To that end, we regularly team with eSentire to speak with hedge fund CTOs about the security landscape and their managed security technology. Additionally, Eze Castle Integration utilizes eSentire intrusion detection technology within our Eze Private Cloud and to power our Eze Active Threat Protection services.
Feedback on eSentire’s offering and approach is always received positively and the spark for this tech spotlight article.
20 years. 400 incredible employees. 650 clients. 3 continents. 10 offices. Countless services.
June 2015 marked the 20-year anniversary of Eze Castle Integration’s founding. We have reached many milestones over the years thanks to our dedicated employees and loyal client base.
From building the world’s first all NT trading floor (as Eze Castle Consulting) to building the hedge fund industry’s first private cloud platform (as Eze Castle Integration), the Eze Castle name represents innovation, quality and excellence.
We could go on and on but we’d rather show you some of our proudest accomplishments from the last decade.
20 years – Wow. So many milestones and so many more to come.
We take great pride in helping solve our clients' IT needs and highlighting recent success stories. Our client Wexford Capital LP is one such example who selected the Eze Private Cloud platform for its fully managed, enterprise-grade environment. Wexford Capital gravitated away from its on-premise IT infrastructure and towards the Eze Private Cloud for its multifaceted suite of services and measurable benefits, such as, cost optimization and increased business agility.
Dante Domenichelli, Chief Operating Officer at Wexford Capital, said, “Eze Castle Integration delivers the comprehensive services and expert, reliable support we had been searching for in an IT provider. Transitioning to the Eze Private Cloud has enabled seamless business expansion and improved our operational efficiencies while providing assurances of performance and security.
We love showcasing our work with clients and one such client is Astellon Capital Partners who selected the award-winning Eze Private Cloud for all of its IT needs. Astellon moved to the Eze Private Cloud because of Eze Castle Integration's leadership role in bringing cloud services to the investment community, as well as its ability to deliver the high performance, applications and exceptional user experience the investment firm demands.
Established in 2011, Astellon Capital Partners is a twelve user alternative investment manager based in London focusing on European event-driven value-investing with a particular focus on German-speaking countries.
Davi Vieira, head of operations at Astellon Capital Partners, said, "Our move to the Eze Private Cloud was born out of the need to have a secure, reliable and institutional-grade IT platform that matches our focus on implementing strong financial, operational and infrastructure controls. Eze Castle Integration is the driving force behind the adoption of cloud services in the hedge fund industry and the optimal partner to help us run our business for many years to come."
We recently hit our 500th post here on Hedge IT! To commemorate, we are hosting our annual blog awards! We've gathered the most thought-provoking, popular articles according to our readers and included a few of our personal favorites, as well.We hope you enjoy!
Less than ten short years ago, Eze Castle Integration saw a shift in the market and gap in the cloud space. Firms had to hire multiple third-party vendors to fully outsource their IT needs, public cloud environments fell short of hedge fund security demands and service level contracts varied drastically. Fast-forward to today, and that very same spark of ideation has progressed to completely revolutionize hedge fund IT. In the spirit of Throwback Thursday, today we're reflecting on the journey and growth of our very own Eze Private Cloud.
In 2005, Eze Castle built and deployed the first hosted cloud platform for a large hedge fund based in New York City. By 2007, 18 funds spun out from the initial firm, each selecting Eze Castle as their trusted cloud platform provider. The following year, the company began building the foundation for the Eze Private Cloud. The same year marked the opening of Eze Castle’s hedge fund hotel in New York City. The environment, which supported more than 200 users, united the company’s cloud computing platform and fully managed office suites for startup funds.
At Eze Castle Integration, we invest in our employees and are committed to expressing how much we value them.
Recruiting and retaining the technology industry’s top talent is what makes Eze Castle Integration a great place to work. We provide our employees with the tools to succeed, including trainings on the latest technologies and the opportunity to showcase their newly acquired skills on a daily basis. To help our employees build lifelong careers, we offer global opportunities for professional growth and career enhancement.
We're excited to premiere our latest video below, featuring some of our very own employees. Check it out and see why our team thinks Eze Castle Integration is a great place to work.