Eze Castle Integration

Cloud Forum Blog

A Guide to Hedge Fund Technology: 2012 Benchmark Study Results

Posted by Kaleigh Alessandro on Thursday, November 1st, 2012

Last week, we revealed the results of our 2012 Hedge Fund Operations & Technology Benchmark Study, which surveyed over 300 buy-side firms about their front, middle and back office technology and vendor preferences. This year’s findings underscore the need for investment firms to employ robust systems to support trading operations and meeting increasing regulatory and investor demands.
 
Below is a summary, but you can download the full report here.

Respondent Profile

 
Within the financial services industry, Eze Castle surveyed 320 firms including hedge funds (61%), investment managers or investment banks (12%), private equity firms (7%), fund of hedge funds (4%), broker/dealers (2%), and venture capital firms (1%). Additional firms included in an ‘Other’ category include family office, legal, real estate, endowment, quant, biotech and insurance brokerage.

Firms surveyed fell into three asset classes: 30 percent reported their AUM as $100 million and under; 32 percent fell between $101 and $500 million; and 38 percent reported over $500 million in assets under management.

Type of Firm

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



What Do Hedge Fund Investors Think of the Cloud?

Posted by Mary Beth Hamilton on Thursday, October 11th, 2012

Earlier this year we conducted a survey looking at adoption of cloud services within the investment management industry. One question looked at barriers to adoption of cloud services. We found that 62 percent of those surveyed said a significant “barrier” to cloud deployment was that their investors and/or clients are not receptive to the idea of cloud computing. However, nearly a quarter of firms surveyed (23%) said this factor was not very significant or not significant at all. Education continues to play an important role here, and both investment firms and investors seem to be more open to the cloud than in years past. We expect this trend to continue as cloud services become mainstream.

Categorized under: Cloud Computing 



Why Should I Choose Private Cloud Services Over Free File Sharing Services or Public Cloud Tools?

Posted by Dina Ferriero on Tuesday, August 21st, 2012

Public cloud tools and free file sharing services are wholly owned and managed by third-party providers. Because infrastructure costs are spread across all users who are employing the service, each individual client is able to operate at a low cost. Public cloud tools are typically larger in scale than private enterprise clouds, which providecloud email services users with seamless, on-demand scalability.
 
These factors may seem to support the belief that public clouds and free file sharing services would suffice for a business’s basic infrastructure and file sharing needs. However, upon closer examination, it is clear that there are a number of areas in which these tools fall drastically short of meeting the crucial business needs of investment management firms.

Categorized under: Cloud Computing  Disaster Recovery  Hedge Fund Operations 



Does the Cloud Provide Backup and Disaster Recovery Coverage?

Posted by Mary Beth Hamilton on Thursday, August 2nd, 2012

hedge fund protectionToday there is no excuse for a hedge fund not to have a disaster recovery plan in place.  Both investors and regulators have raised their expectations and want to be sure that appropriate safeguards are in place.

Private cloud solutions are ideally suited to meet a hedge fund’s requirements for backup storage and disaster recovery (DR) solutions.  Additionally, the growing acceptance of cloud-based services has driven down the costs substantially, making these solutions highly economical for funds of all sizes.

While business continuity planning (BCP) focuses on the people and processes needed to keep a hedge fund or investment firm in business –  such as selecting a backup work site for staffers in an emergency – DR solutions emphasize the technology necessary to support a firm’s operations.  In both areas, firms need to understand their operational processes and specific risk landscapes.
 

Categorized under: Disaster Recovery  Cloud Computing  Hedge Fund Operations  Business Continuity Planning 



Hedge Fund Tech Compliance Update

Posted by Kaleigh Alessandro on Thursday, July 26th, 2012

On Tuesday, we began our webinar recap by looking at Form PF requirements and recommendations and other essentials for maintaining an effective compliance program. The second half of our webinar focused on technology compliance, specifically around message archiving, email security and mobile device management. Let’s take a closer look at some of the content that was covered. If video is more your style, you can watch a replay of the webinar here.Archive
 

Record Retention & Message Archiving

The SEC currently requires investment advisers to retain all internal and external electronic business communications. Rule 204-2 mentions the following specific measures:

  • In order to meet the requirements of the SEC, firms must retain and archive more than just email. Instant messages, Bloomberg and Thomson Reuters messages and other electronic communications are also considered required archival material.

Categorized under: Hedge Fund Regulation  Security  Communications  Trends We're Seeing 



Hedge Fund Form PF: Getting the compliance basics right

Posted by Kaleigh Alessandro on Tuesday, July 24th, 2012

Is your firm registered with the SEC? Do you manage one or more private funds with assets of at least $150 million? If you said yes to these questions, then you have some homework to do. Under SEC regulations, your firm is required to file Form PF.Compliance & Technology Webinar: Listen Now
 
During a recent webinar, we asked ACA Compliance Group to talk us through the requirements and recommendations for filing Form PF as well as some additional compliance program recommendations. Below is a short recap of ACA’s presentation. To listen to the full replay of our event, click here.
 

Form PF: Requirements & Recommendations

Depending on your firm’s fund type and assets under management (AUM), the deadline for your Form PF filing may be sooner rather than later. Larger funds  - including hedge fund managers, liquidity managers and private equity managers  - will need to file sooner, while the majority of registered investment advisers won’t need to file until early next year.

Categorized under: Hedge Fund Regulation  Hedge Fund Due Diligence  Trends We're Seeing 



What Makes a Hedge Fund IT Provider Proud?

Posted by Mary Beth Hamilton on Thursday, July 12th, 2012

Hedge Fund IT AwardsAnytime I write a self-promotional (i.e. Eze Castle Integration-focused) article on Hedge IT I feel the need to add the caveat that we try really hard to make all our articles educational.  However, sometimes pride gets in the way and we have to share with you our proudest accomplishments. 

To that end, today’s post is going to be focused on blowing our own horn about the award-winning streak the company has been on.   These awards are a direct reflection of our amazing employees.

Proud moment #1: Winning the Help Desk Institute Team Excellence Award for External Support.  This award recognized our world-class help desk organization for their outstanding client support.  In winning this award, we joined a very elite group that includes Dell Perot Systems, EDS and Novell as previous winners.  Anyone who has dialed into our help desk knows our team is truly deserving of this award.

Categorized under: Eze Castle Milestones 



Disaster Recovery Game Changer: From SAN-to-SAN to SAN-to-Cloud

Posted by Mary Beth Hamilton on Thursday, July 5th, 2012

Happy 5th of July!

We interrupt this holiday week to talk about how cloud services are expanding disaster recovery options for users of Storage Area Networks (SAN that is).

A traditional SAN-to-SAN disaster recovery scenario may rely on host-based replication technology transmitting data and applications between two mirror SAN environments.  While this works for some firms, cloud technology presents a viable, cost-effective alternative where data and applications from a firm’s production SAN are replicated to a cloud environment for disaster recovery.

Categorized under: Disaster Recovery  Business Continuity Planning  Cloud Computing 



Happy Fourth of July from Eze Castle Integration!

Posted by Dina Ferriero on Tuesday, July 3rd, 2012

On behalf of the entire team here at Eze Castle Integration, we would like to wish all of our readers, clients, partners and friends a very happy and safe Independence Day holiday. Enjoy!

happy fourth of july from eze castle integration

Categorized under: Trends We're Seeing 



MPLS Networks Simplified

Posted by Dina Ferriero on Thursday, June 28th, 2012

What is an MPLS Network?

MPLS (Multi-Protocol Label Switching) is a mechanism in high-performance telcom networks that directs data from one place on the network to another based on short path labels rather than long network addresses. MPLS is highly scalable and protocol agnostic.

In an MPLS network, packets of data are assigned labels, and all packet-forwarding decisions are made solely on the contents of these labels, eliminating the need to examine the packets themselves. As a result, end-to-end circuits can be created across any type of transport medium, using any protocol.

At Eze Castle, we like to boast that our private cloud services are delivered via an MPLS network which connects our data centers. That sounds good, but what are the real benefits of this type of network infrastructure? We asked our vice president of networking services, Mike Abbey, for some insights. Here’s what we learned.

Categorized under: Business Continuity Planning 



Recent Posts / Previous Page / Next Page

 

Subscribe to Hedge IT

Follow Us

    Follow us on Twitter Follow us on FaceBook Follow us on LinkedIn Follow us on Google RSS Feed

Cloud Forum Blog

Categories

Archives