by Tim Fleming | Aug 5, 2021 | Blog
Hedge funds are enticing targets of sophisticated cyberattacks, according to a recent article in the Financial Times. “Finance firms are 300 times more likely… to be targeted by a cyberattack,” and hackers are honing in on hedge funds. Compared to... 
by Kevin O’Keeffe | Feb 5, 2020 | Blog
IntegriDATA CEO, Mitch Schulman, discusses expense allocation challenges and opportunities. Investors, competition, and increases in cybersecurity and other costs are squeezing general partner margins. Allocating operating expenses is one option GPs can take to... 
by Nicholas Molina | Jun 18, 2018 | Blog
The SEC issued a Risk Alert identifying expense misallocation as one of the most widespread compliance problems facing private equity and hedge fund managers. The SEC’s objective in issuing the Risk Alert was “to encourage advisors to assess their [practices] to... 
by IntegriDATA | May 9, 2018 | Blog, In the News
Read IntegriDATA’s Op-Ed at HFM Technology on hedge fund expense allocation. The avoidable mistake The spotlight is on PE for now, but hedge funds must recognise manual expense allocation as an operational problem After $41 million in expense misallocation... 
by Nicholas Molina | Jul 6, 2017 | Blog
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... 