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Showing posts from January, 2016

Why Testing Of Software Used By Mutual And Hedge Funds Is Compulsory

Mutual and Hedge funds basically help their clients to invest their funds in those securities which are estimated to provide a substantial amount of return in future. Hedge funds are basically managed in an aggressive way that helps clients to incur a higher rate of return by taking the call and put options. All the future expected results are derived by using historical data that is provided by specific financial software. Suppose in case if the software that is particularly designed for the mutual or hedge funds historical performance evaluation results doesn’t provide the actual perfect output that was expected from it. Then, in that case, the mutual fund has to bear a considerable amount of loss in terms of their wrong future expectations. So eventually, their clients will draw their funds from that fund and invest it in another one.It is necessary for the mutual and hedge funds manager to perform testing of all the major software’s that is used by them to evaluate their actual…