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...
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...
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...
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...
IntegriDATA is proud to announce it earned the “Highly Commended” honor at the HFM US Technology Awards for the “Most Innovative Technology Firm”. IntegriDATA received the honor at the HFM award ceremony held in New York City on February 13th, 2017. “We are honored to...
