Hi there,

I am looking for the information on the market size of the hedge fund
technology market. By this I mean the estimated spend by hedge fund
managers (sometimes called Alternative Investment Managers) on
information technology to support their enterprises.

I am particularly focused on understanding the market for technology
products which support quantitative modeling techniques.

Ideally, I would like to find out:

- the total current value of the market

- the rate of growth over the next few years (or a projected future
value)

- the key vendors in the space

- any published large deals

If the information points towards growth in this market then any
information of the drivers of this growth would be appreciated.

I need sources.

Thanks in advance.

I put total hedge fund tech expenditures about 1.5 billion.
Of that, Risk management, - the closest catagory I keep is 220
million.

This number is backwards engineered from financial IT expenditures and
is pared down per segments (data, hardware, integration, CRM etc) and
management types (ie bank,  BD, insurance, advisor, mutual fund, hedge
fund etc.)

But from here, I do not think that quantitative modeling is that
substainital, at least so far as trading models go.

Remember, if you are working with a trading model you are normally up
against in house development.