When James Jampel founded HITE Asset Management in 2004 with $1 million in start-up capital, tinkering with back-office systems and processes wasn’t exactly at the top of his to-do list. Jampel and the employees who later joined HITE wanted to focus on one thing: investing. It’s fitting, then, that a decade later HITE has become… Read More >>
FTF News Prediction # 2: New EDM Projects Give Firms a Handle on Data
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring.The digital issue… Read More >>
Sabby Management Retains SS&C as Mizuho Units Tap Wolters Kluwer for Basel III Support
Sabby Management Sticks With SS&C GlobeOp About two years ago, Sabby Management found itself in a tight spot. The hedge fund had a month to find a fund administrator for two new funds, says Robert Grundstein, chief operating officer and general counsel for the firm. Sabby was launching two healthcare sector fund complexes for September… Read More >>
OMS, PMS Vendors Chase Middle- and Back-Office Opportunities
Order and portfolio management software providers are extending the reach of their offerings with features that address market challenges such as separately managed accounts (SMAs), middle and back office operations, and regulatory reporting requirements. Providers of order and portfolio management system (OMS and PMS) software are quickly moving to expand their offerings beyond the traditional… Read More >>