IntroductionAs investing in hedge fund products spreads to the mainstream, there has been a surge in both the number of players in the space as well as the regulatory demands placed on the industry. Hedge funds, prime brokers and fund administrators are all discovering that they need to adapt significantly in order to cope with this growing industry.ScopeDiscusses key business trends and how this affects hedge funds' investment objectivesAnalyses technology functionality being demanded by hedge funds to cope with current market pressuresDiscusses implications and industry dynamics for prime brokers and fund administratorsHighlightsTechnology vendors have traditionally had limited access to supplying the lucrative field of the hedge fund industry. As we see the industry progressing, there are major opportunities appearing for vendors to exploit.These are created as the rationalisation of the hedge fund manager's desktop is increasingly becoming a reality.In addition, prime brokers are focusing on robust operational technology solutions to gain market share whilst fund administrators are having to adapt to handle the growing complexity of reporting.Reasons to PurchaseGain an insight into the operational aspects of hedge fund management and how technology can assist in enhancing performanceUnderstand how technology can assist in enhancing hedge fund managers' performanceUnderstand technology implications for securities service firms and future developments for this space