The middle way

Outsourcing of back-office administrative activities is already popular among hedge funds. However, some funds are also looking to outsource more sensitive middle-office functions, such as accounting. But are they right to do so? Tony Swei, chief executive of Tradar, assesses the arguments for keeping important activities in-house

Anyone reading the popular press might be forgiven for thinking that running a hedge fund is the equivalent of being given a licence to print money. However, the

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A rough race begins: Industry faces uphill transition to T+1 settlement

With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue industry needs a longer timeline.

Build versus buy: How to evaluate your software

For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…

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