Conquering the Cloud
Technology remains among the biggest outlays for start-up hedge funds and one of the key areas often identified for investment. As costs and regulatory burdens have increased, so the use of cloud technology has grown.
Once considered faddish and expensive, cloud services are now a crucial part of many hedge fund managers’ businesses.
Greater education in recent years has helped funds understand the technology better. An increased focus on controlling costs has also helped raise the popularity of cloud services, as managers seek to avoid building and maintaining internal systems.
Dechert partner Renzo Marchini comments.