The iPad Invades Wall Street
This was posted on AdvancedTrading.com a couple of weeks ago. An interview with Kevin McPartland, from Tabb Group, written by Justin Grant about hedge funds use of the iPad. I agree that the iPad is primarily going to be used by hedge fund managers to review portfolio exposure, watching returns and monitoring risk. Not for trading.
Article Excerpt: Compliance departments across Wall Street already had their hands full for the foreseeable future thanks to the Dodd-Frank law and now they have something else to deal with. With the sudden popularity of Apple Inc.’s iPad reaching a fever pitch across the industry - particularly inside hedge funds - the pressure on information technology departments has never been greater. They’re simply managing a greater number of mobile devices than ever before and this puts an unprecedented burden on security and compliance.
