Fund managers and financial advisors are looking to the cloud to reduce costs, enhance performance, and improve accessibility.

Most advisors to large hedge funds and other private funds earlier this year were required to join advisors to mutual funds and exchange-traded funds and register with the Securities and Exchange Commission as investment advisors. This followed the elimination of the "private advisor exemption" under the Dodd-Frank Act.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.