SEC Expense Misallocation Actions of 2017
The Securities and Exchange Commission (“SEC”) continues to aggressively pursue expense allocation charges against private equity and hedge fund managers. The agency has publicly settled three misallocation enforcement actions in the past few months netting over $2...
3 Reasons to Invest in Expense Allocation
Profits are shrinking and investment managers are starting to look closer at the cost side of the profit equation. Efficiency is the goal and cries for better back office technology are finally being heard, and nowhere louder than in accounts payable. When thinking of...
IntegriDATA Shortlisted for HFM Hedge Fund Services Awards 2017
IntegriDATA has been shortlisted for the HFM US Hedge Fund Services Awards for the "Best Overall Technology Firm" of 2017. The annual awards honors providers of services and solutions to the hedge fund industry that have demonstrated exceptional innovation, customer...
Spear Phishing Risks to Hedge Funds: A Case Study
Hedge fund Tillage Commodities filed a lawsuit last September alleging its fund administrator ignored its own security protocols when it fell for a spear phishing attack and inadvertently wired millions of dollars out of Tillage’s accounts. The fund admin has...
IntegriDATA Exhibiting at 2017 Private Equity Compliance Forum
IntegriDATA is excited to announce that we will be exhibiting at Private Equity International’s Private Fund Compliance Forum on May 9th - 10th. The Private Fund Compliance Forum focuses on "regulatory requirements and expectations, while taking a closer look at...
PYMNTS.com: For Hedge Funds, Expense Management Is Risky Business
Any business has operating expenses, but for managers of the alternatives industry, like hedge funds and private equity, the accounts payable process is extra complicated. IntegriDATA CEO and Founder Mitch Schulman and Head of Business Development and Marketing Nick...
