Paper Tigers of Fintech

A post relating to this item from Finextra:

14 December, 2007 Hedge funds facing back office staff shortages - study Hedge funds are facing staff shortages in the back office and are struggling to retain employees, according to a US study by auditing firm Rothstein Kass.

Technology vendors could help

28 Dec, 2007 22:40

Regarding staff shortages, I would argue that the providers of technology to hedgefunds could do a better job of developing an ecosystem of knowledgeable individuals of their software. For example, these vendors could create incentives so that consulting companies can develop "practices" on a specific system. Some consulting firms already do have this with popular applications, but I would argue that this doesn't happen in a scalable way. Thus, the hedge fund can't find a deep pool of qualified people.

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