BlackBerry Losing Stranglehold Over Hedge Fund World

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Anthony Malakian, Buy-Side Technology

BlackBerry’s days as the king of Wall Street mobile devices are numbered.

I recently sat down with Bart McDonough, CEO of Agio Technology, which offers managed IT services for hedge funds, and he says that smart phones such as the iPhone and those that run the Android operating system are quickly gaining ground.

Norman, Okla.-based Agio manages between 1,200 and 1,300 mobile devices, according to McDonough. He says that while BlackBerry is still the dominant mobile device used by his clients—betwe

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