About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Omgeo Launches Hedge Fund Operations Forum

Subscribe to our newsletter

Omgeo, the global standard for post-trade efficiency, announced today that it has launched the Hedge Fund Operations Forum (HOF), an industry peer group for UK-based hedge fund operations professionals. Members of the HOF will meet on a quarterly basis to exchange ideas and knowledge of operational best practice implementation that goes beyond current regulatory requirements.

The founding members of HOF include the UK’s leading hedge funds, which have some of the most sophisticated post-trade infrastructures in the sector. Members of the forum include BlueBay Asset Management, Cairn Capital, Cheyne Capital, CQS, Marshall Wace and RAB Capital, among others.

Operational best practice is a focus area for many UK-based hedge funds that already meet and exceed regulatory requirements around transparency, efficiency and risk reduction. Research commissioned by Omgeo and conducted by Greenwich Associates in 2010 showed that over two thirds of hedge funds believe operational improvements and automation have a direct and positive impact on their ability to attract investors and assets.

Luke Venables, head of operations from hedge fund CQS, commenting on the creation of the group states, “Omgeo has always been focused on delivering automation and value to the buy-side community. We are, therefore, pleased that Omgeo has started this important hedge fund initiative for the unique requirements of our sector. The HOF provides a meeting place for industry participants to share knowledge about processes for reducing operational risk.”

Adding to this, Leigh Walters, executive director at Omgeo, says: “Our hedge fund community is telling us that a robust post-trade infrastructure has become a key competitive differentiator for attracting and retaining both high net worth and institutional investors. The objective of HOF is to provide a forum where hedge fund operations professionals can exchange ideas on streamlining post-trade processes, as well as discuss how post-trade regulatory initiatives may impact the hedge fund sector.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data standards and global identifiers update

Data standards and global identifiers are the international language of capital markets – but how widely have they been adopted, how useful are they in practice, and can they stand the test of sustaining stable markets? This webinar will review data standards and global identifiers available in capital markets, discuss their adoption, and consider best...

BLOG

Plenitude Targets Financial Crime Risk with ClientSight CRR Solution

Financial crime risk specialist Plenitude has launched ClientSight, a cloud-based client risk rating (CRR) solution. The platform is aimed at helping financial institutions, fintechs and professional services firms to assess the financial crime risk of both individuals and entities. ClientSight seeks to address regulators’ heightened activity around financial crime and sanctions. CRR is a key...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...