Are we there yet? Digital Transformation for Hedge Funds
Summary
Digital transformation is not a destination but a continuous discipline. It shows how a hedge fund responds to financing pressure, investor questions, and liquidity demands. Interactions such as prime brokerage, due diligence, and liquidity reviews reveal whether data and decision-making are genuinely connected.
Ramachandran Chidambaram
Ram is a Senior Vice President of Product Management at Arcesium. He leads the India-based product management teams responsible for the Aquata platform, the Financial Data Stack, Treasury, and Reconciliation capabilities on the Opterra platform, and the overall Opterra platform experience. He is an engineer-turned product manager with close to two decades of experience in the investments industry.
Sources
[i] BIS, “The prime broker–hedge fund nexus: recent evolution and implications for bank risks.” Quarterly Review (Mar 2024). https://www.bis.org/publ/qtrpdf/r_qt2403y.htm
[ii] Bank of England, Rebecca Jackson speech on prime brokerage, July 2025 Financial Stability Report. https://www.bankofengland.co.uk/speech/2025/january/rebecca-jackson-speech-at-uk-finance-prime-brokerage
[iii] AIMA, “Due Diligence Questionnaires: Guide to Sound Practices for Selecting and Periodically Assessing Prime Brokers,” Jan 2025. https://www.aima.org/sound-practices/due-diligence-questionnaires.html
[iv] SBAI, “Operational Due Diligence Practices Survey 2024.” https://www.sbai.org/static/f03d5f7c-d906-44c2-95e68b62fdec57f6/SBAI-2024-Operational-Due-Diligence-Practices-Survey.pdf
[v] IOSCO, “Principles for the Valuation of Collective Investment Schemes; Recommendations for a Framework Assessing Leverage in Investment Funds.” https://www.iosco.org/library/pubdocs/pdf/IOSCOPD413.pdf
[iv] FSB, “Liquidity Preparedness for Margin and Collateral Calls,” Dec 2024. https://www.fsb.org/2024/12/liquidity-preparedness-for-margin-and-collateral-calls-final-report/
