BLOG. 4 min read
In today's ever-evolving landscape, hedge funds confront a multitude of challenges stemming from the combination of global economic uncertainties and a growing burden of regulatory requirements and cost optimization.
At the recent HFM APAC COO Summit 2024, SS&C had the privilege of participating in a panel discussion alongside esteemed industry leaders from Infini Capital, Jasper Capital, NY Trinity and CloudAlpha Capital. The panel discussion shed light on four major trends reshaping the industry: fee compressions, outsourcing for cost optimization, talent shortage and integration challenges, and the application of AI for automation.
The panel discussion emphasized the pivotal role of technology companies in reshaping the industry—balancing fee compression with continued delivery of high-quality services. With a dedication to meeting evolving client needs, we continue to innovative, building solutions purposely to square this circle and deliver for our clients in this emerging, challenging landscape.
Passion defines success
Harnessing cutting-edge technology and AI are a given as the industry moves toward the next frontier. In our opinion, however, what truly resonated with the 250 hedge fund COOs, CFOs, and operational leaders in attendance was the need for a trusted technology partner who is genuinely passionate about advancing their business success and growing together.
As more new funds launch and experiment with complex structures, what they truly need is the ability to tap into a fund administrator's global expertise, end-to-end hedge fund solutions, and local teams, anytime, anywhere. While many administrators preach about this, few can live up to these expectations.
SS&C is the largest global hedge fund administrator. With over 35 years of experience, we understand the importance of having a trusted global partner who not only possesses deep knowledge of local intricacies but also provides specialized capabilities to meet niche requirements through systematic equalization accounting for example. We believe in maintaining a robust on-the-ground presence, providing stable leadership, leveraging our legacy expertise, and offering extensive geographic coverage and multi-language support to our hedge fund clients.
The APAC region is known for its linguistic diversity; here, clients prefer partners who can communicate in their local languages, ensuring a higher level of comfort and understanding. To meet this preference, we've enhanced client communications by expanding our multilingual support. Our service teams now include Mandarin, Cantonese, Japanese and multi-lingual speakers, fostering strong client relationships and facilitating seamless interactions.
Trend defier: Bucking the offshore norm
While some service providers are reducing their onshore presence, SS&C is going against that trend and actively strengthening our regional leadership, expanding our local teams in Australia, Hong Kong, Singapore, Kuala Lumpur, Japan and India, and enhancing our capabilities, including US and Australia tax services.
More than 2,500 hedge fund clients have placed confidence in SS&C's future-proof hedge fund solutions. It is this trust that fuels our commitment to innovate, scale and drive success together continually. With SS&C as your trusted partner, we will help you navigate the ever-changing landscape of the hedge fund industry and build a brighter future for all.
To learn more about how our extensive range of hedge fund solutions can take your business to the level, download our “Changing Fund Administrators is Easier Than You Think" whitepaper.
