Technology quandary

Global Fund Administration Management Report 2010

cover-fund-administration-april-2010

Technology is becoming ever more important as fund administrators need to meet the increased demands of clients for faster and more accurate reporting, sometimes on a 24/7 basis. As the industry itself evolves, the use of managed accounts is increasing, bringing with it specific challenges for reporting. As technology evolves, administrators will be able to offer more efficient and cost-effective services.

Technology in the hedge fund industry is always evolving, according to Richard Ernesti at C