In this era of technology and innovation, mobile computing has brought about a paradigm shift in the way firms deal with clients and the process they follow. Adoption of these technologies will also help hedge funds to improve their efficiency.
Firstly one need to understand the function of front and middle office.
Front office is the most important part of hedge fund as this division is responsible for generating returns for the investors. It includes functions such as trade analytics, portfolio modelling, valuation modelling, asset allocation, and the order management system. All the hedging strategy is designed at the front office …show more content…
Client could also have an app to reach immediately to managers , they can generate reports and they could access data seamlessly.
Mobile computing will help in:
Digitally-enhancing client relationships. Enrich and extend client interactions through an enhanced multi-channel client experience – with integration of social media across all channels, enabling a seamless flow from idea to analysis through to execution. Increasing front office productivity, increasing productivity of clients advisors and reducing the amount of time spent on low-value and administrative tasks through the use of instant messaging, web portals, web conferencing facilities and video calling channels from mobiles. Operational excellence in middle and back office Employ digital technologies in the middle and back office to reduce overheads within the value chain and create a flexible …show more content…
Users can access all the available necessary reports and market data to effectively manage different strategies and orders from any location. It can also enables real-time decision making by giving hedge managers instant access to their P&L strategies and their underlying positions, enabling them to generate higher returns and be more efficient while on the move. They can exhaustive real-time Reuters and Yahoo financial information from many of financial exchanges to mobile devices. Financial information, for example portfolio positions and intraday charting, is delivered at very high speeds and allows connectivity even while roaming on foreign