Outsourcing the Hedge Fund Middle Office: Why This May Be the Next Buy-Side Outsourcing Battleground

Published Date: January 2006 Published By: TowerGroup Page Count: 11 Order Code: R301-803 $1,750.00   Online Download $1,750.00   Hard Copy Mail Delivery   Questions About This Report E-mail a Colleague Printable Page Fax Your Order Description Table of Contents Search Inside this Report Similar Products Hedge fund managers worldwide have shown a growing interest in disassociating themselves from many of the operational aspects of their business. An estimated 90% of hedge fund managers are already outsourcing their back-office fund administration, accounting, and shareholder servicing to a fund administrator. However, the middle-office functions (loosely defined as post trade but presettlement) have traditionally remained in-house. This practice is changing as fund managers deal with the complexities of reconciling higher volumes of more complex trades and the strain that this puts on staff and IT. At the same time, service providers have improved their capabilities in many of the middle-office functions and now offer a compelling choice for their hedge fund clients. Both fund administrators and prime brokers have their eyes on this market, setting the stage for what may be the next battle in buy-side outsourcing. This TowerGroup Research Note analyzes the growing demand for outsourced middle-office capabilities. Similar Products • Norway: BPO 2007 Vendor Shares and 2008-2012 Forecast Published Oct 2008 by IDC • Finland: BPO 2007 Vendor Shares and 2008-2012 Forecast Published Oct 2008 by IDC • The foundations for a knowledge services offshoring economy Published Oct 2008 by Ovum Plc • Australia Business Process Outsourcing 2008-2012 Market Forecast and Analysis Published Oct 2008 by IDC • Canadian Infrastructure Outsourcing 2007 Vendor Analysis: The Top 10 Players Published Oct 2008 by IDC • Denmark: BPO 2007 Vendor Shares and 2008-2012 Forecast Published Oct 2008 by IDC • Competitive Profiles of Central and Eastern European Vendors Providing Offshore Services 2008 Published Oct 2008 by IDC • Sweden: BPO 2007 Vendor Shares and 2008-2012 Forecast Published Oct 2008 by IDC • Zooming Out to Capture the Broader Application Outsourcing Opportunity: 2007 Integrated and Discrete Views Published Sep 2008 by IDC • Outsourcing Satisfaction 2008: An Update on the Pulse of the Market Published Sep 2008 by IDC