OpsCheck, DataArt Partner for Business Operations App for Hedge Funds

Web-based application centralizes non-investment responsibilities.

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Alexei Miller, managing director at DataArt, talks about the importance of data security during the development of OpsCheck.

Frank Caccio, founder of FJC Partners, the company that owns OpsCheck, tells Buy-Side Technology the concept for the application came from watching the sophistication of firms' due diligence continue to increase.

Caccio decided to put the experience he'd gained from over two decades of working on the operational side of hedge funds to use, including at Highbridge Capital and Tiger Management.

"People build portfolio accounting systems, order management systems and data aggregation-type systems t