Capital Markets CFOs: Are You Reassessing the Cost of Quality IT Operations?

Recently our CEO Nigel Kneafsey and I had the opportunity to sit down with the CFO of one of the world’s dozen largest hedge funds, who after hearing our pitch, posed a simple question: “If I can really slash my technology spend by perhaps 70% as you suggest, why isn’t every hedge fund doing this?”

Why indeed are well established alternative investment companies and electronic trading businesses across the broker dealer sector increasingly entrusting their technological operations to service providers when for years they had run it all themselves?

We’re witnessing an undeniable inflection point in the market wherein the alternative investment industry at large is waking up to the fact that they can dramatically cut their IT spend while improving the user experience. Here’s why.

