Category Archives: Technology

Citi Launches Hedge Fund 3.0

November 9, 2011 : Permalink

New York (HedgeCo.net) – Citi’s Hedge Fund 1.0, saw the hedge fund industry as a niche business, with funds typically relying upon a single prime broker to support trading and reporting. In Hedge Fund 2.0, the next evolutionary phase, funds […]

Survey: Hedge Funds Spend $2 Billion On IT

September 29, 2011 : Permalink

New York (HedgeCo.net) – Citi Prime Finance has released the new survey results on how much hedge funds’ are spending on IT.  The survey documents for the first time both the industry’s aggregate expenditure on IT and the average expenditure […]

Hedge Fund Wireless Internet Meets Industry Resistance

July 20, 2011 : Permalink

New York (HedgeCo.net) – Hedge fund manager Philip Falcone’s new satellite internet venture, LightSquared, is seeing resistance from the European Space Agency. The hedge funded project last month outlined a solution to the problem of interference with US GPS receivers, […]

Hedge Fund Technology: Motif Investing Seeks Beta Users

July 8, 2011 : Permalink

New York (HedgeCo.net) – Motif Investing today emerged from stealth mode, announcing an October 2010 close of $6 million in Series A funding led by hedge funds Norwest Venture Partners (NVP) and Foundation Capital and new board members. Founded by […]

Hedge Fund Journal Awards: Misys Wins Leading Technology

March 11, 2011 : Permalink

New York (HedgeCo.net) – Global application software and services company Misys plc., today has won the leading single technology platform award at the Hedge Fund Journal Awards. Misys Sophis VALUE was recognised by the publication for its complete cross-asset coverage […]