Securities Industry News: Top Trends in Hedge Fund Technology and Who is Meeting the Market's Demands

Leading-edge communication trends, such as transmitting trade orders via IM, are also popping onto the radar screen, propelling new solutions and creating demand for products like IMTRADER from Pivot Solutions of Boston, which captures IMs and turns them into compliant trades.

"Technology trends are driving hedge funds to develop new compliance solutions," says Woolf. "But ultimately, it is the business that drives the product. Companies that have their eyes open to the evolution of the hedge fund business and are able to evolve products to match the needs of that business, will emerge as leaders and dominate in the long term."