Eze Castle Integration

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Sneak Peek: 2014 Hedge Fund Benchmark Study Results

By Kaleigh Alessandro,
Tuesday, November 11th, 2014

In it's fourth year running, our Global Hedge Fund Technology Benchmark Study reveals the top technology systems and applications used by investment management firms around the world. And while we aren't due to officially release the results until tomorrow - register for our webinar to hear them live - we thought we'd share a little sneak peek in the form of an infographic.

Take a look below and discover how your hedge fund and investment management firm peers are using technology to power their firm operations.

Categorized under: Hedge Fund Due Diligence  Launching A Hedge Fund  Cloud Computing  Security  Hedge Fund Operations  Hedge Fund Regulation  Infrastructure  Communications  Outsourcing  Software  Trends We're Seeing  Videos And Infographics 



Hedge Fund Cybersecurity: Preparing Your Defensive Team

By Katie Sloane,
Thursday, November 6th, 2014

When it comes to cybersecurity defenses, this isn’t a fantasy league. The threats are real and growing in sophistication for the hedge fund and alternative investment industry. In today’s blog, we will discuss how to prepare your firm’s defense for external attacks and internal breaches.Hedge Fund Cybersecurity

Cybercrime works like a defensive team that studies their opponents and plays and can make midgame adjustments. The only true way to thwart an incident is to establish a layered security program to safeguard against attacks and vulnerabilities of all kinds. Football teams share a similar composition, as there are defensive tackles and ends, cornerback and safety roles. You need to ensure your infrastructure is highly secure and cannot be penetrated by external attackers or easily manipulated by internal threats. 

Categorized under: Security  Hedge Fund Due Diligence  Hedge Fund Operations  Hedge Fund Regulation  Infrastructure  Business Continuity Planning  Software 



Tech Tips for Starting a Hedge Fund

By Kaleigh Alessandro,
Tuesday, November 4th, 2014

Outsourced ResponsibilityLast week, we co-hosted another exciting Hedge Fund Startup event with KPMG in New York and had a great turnout of fund managers looking to learn more about everything from legal and tax implications to technology must-haves and capital raising strategies.
 
Since technology is clearly our forte, we wanted to share some of the key takeaways from our “Achieving Institutional-Grade IT” panel, featuring speakers from Evercore Partners, Bank of America Merrill Lynch and, of course, Eze Castle Integration. Here are the highlights:

State of Emerging Manager Market

  • The hedge fund startup market is healthy, and investors’ appetite for emerging managers is strong

  • Investors are attracted to nimbler, hungrier nature of emerging managers. 

Key Priorities for Startups in 2014/2015

  • Select the right service providers to support your business.

  • Understand your firm’s vulnerabilities and exposures.

  • The operational due diligence process is changing, therefore firms need to understand the protections they have in place to secure investor assets.

Categorized under: Launching A Hedge Fund  Cloud Computing  Security  Hedge Fund Due Diligence  Hedge Fund Operations  Hedge Fund Regulation  Infrastructure  Outsourcing  Trends We're Seeing 



Happy Halloween! A Look at the Scariest IT Moments of 2014

By Katie Sloane,
Thursday, October 30th, 2014

Over the years, cybercrime has evolved, matured and increased in frequency. Target groups vary from case to case and victims range from big merchants and high-end retailers to celebrities and common folk. On the eve of Halloween, we’ve dug up some of the scariest cyber-attacks in 2014.Scary IT Hack Ghost

CryptoLocker

One of the more innovative hacks in recent years started making headway in Great Britain in September 2013. CryptoLocker utilizes malware to encrypt and freeze victims’ sentimental and valuable files on infected computers. After successfully locking the computer, a ransom note appears on the victim’s screen demanding money in return for their files. If the victim fails to make payment, the computer remains locked and files are unsalvageable.  

More than $100 million in losses were attributed to the cybercriminals’ schemes as well as hundreds of thousands of infected computers. Computer security companies estimate that CryptoLocker infected over 234,000 computers worldwide, including more than 100,000 in the United States. 

Categorized under: Security  Cloud Computing  Communications  Software  Trends We're Seeing 



Video Premiere: Life at Eze Castle Integration

By Katie Sloane,
Tuesday, October 28th, 2014

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.

Categorized under: Videos And Infographics  Eze Castle Milestones 



Preparing for Ebola: A Review of the Outbreak, its Economic Impact, and Business Continuity Considerations

By Matt Donahue,
Thursday, October 23rd, 2014

This year’s outbreak of Ebola in West Africa is the worst that has ever been recorded. The disease typically occurs in outbreaks in tropical regions of Sub-Saharan Africa. In the short span of a year, the virus, which is affecting Guinea, Sierra Leone, Liberia and Nigeria, has resulted in nearly 3,500 deaths.

In this article, we will look at where this outbreak started and the economic impact it has had both in Africa and internationally. We will also highlight the issues that businesses need to consider as this epidemic continues to expand.

Where Did Ebola Come From?
A report published in the New England Journal of Medicine suggests that Ebola’s Patient Zero (the initial patient of an epidemic) was most likely a 2 year-old boy living in southern Guinea. Unfortunately, the boy became very ill and died on December 6th 2013. Several close relatives died shortly thereafter. After the funerals, some of the attendants became ill. Following established patterns of close contact with the sick, the disease began spreading to other villages, then across the borders into Liberia and Sierra Leone. It wasn’t until March 2014 that the international aid agency MSF (Doctors Without Borders) became aware of the new Ebola outbreak and immediately got involved. In early August, the World Health Organization (WHO) declared “an international public health emergency”. On September 30th, the first case of Ebola was diagnosed within the United States.

At this time, the CDC is making both “best-case scenario” and “worst-case scenario” predictions of the total number of cases expected through January 1st 2015. Unfortunately, the predictions range from 11,000 to well over 1 million cases.

Categorized under: Business Continuity Planning  Trends We're Seeing 



The Danger of USB Keys: Weighing Security and Convenience

By Raj Bakhru, CFA, Chief Executive Officer, Aponix Financial Technologists,
Tuesday, October 21st, 2014

The following article is from guest contributor Raj Bakhru, CFA, Chief Executive Officer at Aponix Financial Technologists. USB Key

At Aponix Financial Technologists, we often find ourselves speaking to our clients about the risks around USB storage device access of external drives or USB keys. While convenient file transfer tools, they can also be quite dangerous to a firm's operations. Our arugment for blocking access historically has been two-fold:

  1. Intellectual Property (IP) concerns: It's obviously very easy for confidential or proprietary data to leave the firm via USB keys.

  2. Malware concerns: It's easy for infected malware to enter the firm via files existing on a USB key brought from home or other unmanaged or unprotected systems.

Earlier this month, though, the "BadUSB" exploit was released to the public. A few months ago, white hat (ethical) hackers demonstrated that USB key firmware could be overwritten and effectively sabotaged to allow the USB key to perform some very malicious actions, e.g. taking control of the computer's mouse and keyboard, among other things. USB keys affected by this exploit become weapons of destruction and data breaches, and, as the hackers demonstrated, the malicious code can be extremely well-hidden on the USB key. In fact, given the exploit resides on the USB key's firmware, deleting all the contents of the USB key has no impact on removing the malicious code. It is currently unknown how many USB devices suffer from this vulnerability, but the expectation is that it will be years before device manufacturers correct devices and the existing vulnerable devices are no longer in use.

Categorized under: Launching A Hedge Fund 



Four Signs It's Time to Break up with Your IT Provider

By Kaleigh Alessandro,
Thursday, October 16th, 2014

Broken HeartIn any relationship, when things are good, they’re usually pretty good. And when things are bad, sometimes they are really bad. There may come a point when you need to evaluate whether you’re still a good fit together.
 
Just like with a romantic relationship, your firm’s connection to a service provider (especially an infrastructure/cloud provider you rely on daily) should be strong enough to withstand a few hiccups and healthy enough to warrant open communication at all times. In some cases, it might be clear that you’re in a good place and moving forward together, but sometimes there are sure signs it’s time to call it quits.
 
Here are a few of those signs:

1. Your provider’s service levels are not up to snuff.

Maybe you recently experienced a major service outage or find that you not-so-conveniently have to work around confusing and interrupting maintenance schedules during work hours. You’re constantly frustrated and don’t feel like you are receiving the level of support that was agreed to – both verbally and as part of your Service Level Agreement (SLA).

Your SLA should clearly indicate the uptime standard (e.g. 99.995% availability) as well as repercussions to any breaches in the contract (for example, service credits) and associated RPOs if disaster recovery is involved

Categorized under: Cloud Computing  Disaster Recovery  Security  Hedge Fund Due Diligence  Hedge Fund Operations  Help Desk  Infrastructure  Communications  Outsourcing  Trends We're Seeing 



Back to Basics: What is an Order Management System (OMS)?

By Kaleigh Alessandro,
Tuesday, October 14th, 2014

Eze Software GroupWe are excited to be sponsoring the 2014 EzeSoft Client Conference later this week in Boston. For those of you who aren’t familiar, Eze Software Group is the owner of the order management system, Eze OMS, which is frequently used by hedge funds and asset managers across the globe.
 
As a preview to this week’s conference, we thought we’d dial it back to basics a little and explain exactly what an order management system is and why it’s a critical piece of software for many investment management firms today.

Categorized under: Software  Launching A Hedge Fund  Cloud Computing  Hedge Fund Operations  Communications  Outsourcing  Trends We're Seeing 



51 Hedge Fund IT Due Diligence Questions You Can Expect From Investors

By Mary Beth Hamilton,
Thursday, October 9th, 2014

On our recent Hedge Fund Marketing and Due Diligence webinar we looked at how the hedge fund investor due diligence process is evolving especially in terms of scrutiny on technology processes and security safeguards. 

The reality is that investors have a greater understanding of technology, are asking more probing questions and care about the responses they receive.  We’ve even heard investors say that deficiencies in IT infrastructure and security contributed to the decisions to redeem from or not invest in a fund.

So at Eze Castle Integration we regularly assist our hedge fund clients in completing the IT portions of investor due diligence questionnaires. The wording of questions varies but here is a handy list of 51 common IT due diligence questions we see.

Organization

  1. Provide an organization chart for the Company, its affiliates and key personnel.

  2. Provide the physical address and general contact information for each of the Company’s office locations.

  3. Provide the name and contact information of the Company employee(s) assigned to the client’s account(s).

  4. Provide a list of compliance personnel, their roles and qualifications, the date of his/her appointment and position within the Company’s organizational structure.

Categorized under: Hedge Fund Due Diligence  Launching A Hedge Fund  Cloud Computing  Disaster Recovery  Security  Hedge Fund Operations  Trends We're Seeing 



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