Citisoft addresses the system-selection conundrum

NEWS ANALYSIS: NEW SERVICE | LONDON CONSULTANT TACKLES THE 'BUILD-OR-BUY' PUZZLE

LONDON – There are two technology related issues that most IT managers are required to address at one time or another during their careers, which, if dealt with inadequately, could potentially curtail their rise through the organisation. The initial question – which typically for hedge funds is somewhat less vexing due to their relatively modest technology budgets, compared with, say, their large long-only counterparts and investment banks – relates to the 'build-or-buy' conundrum. Once this has

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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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