IT spending set to fall below $1bn

electronic-circuit-board-closeup-brown-and-green-pattern

Hedge fund technology spending will drop 40%, from $1.45 billion in 2008 to $882 million through 2009. This is one of the major forecasts made by the Tabb Group in its latest IT report*. The group surveyed 61 US hedge fund managers in the first half of 2008, examining funds' trading and back-office technology requirements and how they will square those needs with difficult market conditions and smaller budgets.

Smaller IT budgets do not mitigate managers' needs for greater trading and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here