Celent anticipates 20% decline in hedge fund IT spending

The new report, Hedge fund IT spending: The inevitable contraction, expects short-term depressed performance among managers, followed by longer-term changes to market structures and business models. Profound broker-dealer industry changes, liquidity and counterparty risk, regulatory compliance, and downward pressure on fee structures will likely leave lasting imprints upon the global hedge fund community, and markedly impact how managers utilise their technology resources going forward.

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