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Managing Big Data Woes - A How-to Guide for Hedge Funds

Abacus Group - Oct 16, 2012

The explosion of data over the last several years, coupled with dynamic compliance requirements, has put excessive stress on many firms’ storage capabilities.  With the need to juggle multiple strategies, multiple funds and multiple prime brokers, it’s not uncommon for today’s hedge funds to deal with many terabytes of data.

In the past, most firms didn’t have the infrastructure or capital to properly store, back up and monitor "big data."  They could keep it on site by implementing or adding capacity to an in-house storage solution - absorbing the cost of not only the high-ticket hardware and software, but also the staff with the knowledge to keep things running.

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