The carrots and sticks of compliance

Compliance issues have never been more prominent than they currently are on the buy side. But compliance, unlike most other business processes, is being driven by a mix of push and pull factors, likely to reward the early adopters handsomely while at the same time penalizing those firms who fall foul of industry best practices and institutional investors' expectations.

As the topic of buy side and hedge fund compliance continues at full sizzle, the proverbial stick of regulatory pressure may be