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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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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