Technology & Finance

Wednesday, May 28, 2008

Hedge Funds Going Global -- TABB Group

According to research analyst Monica Schulz, US-based hedge funds are working closely with prime brokers to enter new markets and expand internationally.  For TABB Group’s May chart of the month, which draws from and follows on TABB Group “Hedge Funds 2008: Perspectives on Prime Brokerage, Volatility and Expansion,” its fourth annual benchmark industry study, Schulz says that nearly 40% of hedge funds plan to expand their investments into new regions over the next two years.

Many of these funds will support those expansions by opening new offices abroad.

BNY ConvergEx Goes to the Pacific

BNY ConvergEx, a leading provider of global agency brokerage and investment technology solutions, is continuing its global expansion with the launch of Eze Castle Software in Hong Kong.  The new full-service office will include sales and client service teams dedicated to supporting its order management system, the Eze OMS.

R.G. Manalac, Director of Consulting, Eze Castle Software, will oversee the new office in Hong Kong.  A former hedge fund trader, Mr. Manalac has been with Eze Castle since 2003 and has overseen more than 50 OMS implementations.  He is currently managing Eze’s West Coast operations.

Securities Processing Conference NYC

Processing securities has never been more complicated and risky, nor has it offered more opportunities for improvements and efficiency.  This year’s 17th Annual Securities Operations Conference will cover a wide range of timely, relevant topics, centered around the theme ‘Convergence and Transformation of the Global Securities Industry.’

Join your peers from brokerage, custody, investment management, and the industry infrastructure to discuss and learn updates on the global securities industry.  William Aimetti, President and Chief Operating Officer of DTCC, will give the event’s Keynote Address.

Agenda

June 19, 2008
Bayard’s, One Hanover Square, New York City

Beware Vendors Pushing Site Licenses

“A lot of clients get pushed into site licenses by vendors, where often it is much cheaper to have licenses based on actual usage; often the vendor is the only one who knows the enterprise view of the licenses.”

Kosten Metreweli, vice president of product marketing at London-based Tideway Systems

Investing Through Volatile Markets --IAFE Annual Conference

The IAFE Annual Conference, now in its 16th year, attracts approximately 400 middle and senior level practitioners from the banking and alternative investment communities.  Attendees in the past have come from, Goldman Sachs, Merrill Lynch, Caxton Associates, Pacific Alternative Asset Management Corporation, Highbridge Capital Management and many others. 

This year’s keynote speech will be given by the 2007 IAFE/SunGard Financial Engineer of the Year Winner, Jack Treynor, President, Treynor Capital Management. See the IAFE web site for more detail.

June 25th, 2008
8:00am-6:00pm

PricewaterhouseCoopers
300 Madison Avenue (42nd Street)
New York

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