HAZELTREE
part of history now but still evolving and developing . FinTech is definitely here to stay , disrupt and continue leading the charge .”
In the past , many companies would manage large amounts of money on spreadsheets , a practice that still exists in some cases today . But an epiphany came with the continuous influx of large capital and ever-increasing investment complexity , says Zlotchenko , a ‘ Eureka !’ moment happened when the industry could not support itself and its growing capital flow relying solely on humans .
“ That ’ s when digital transformation happened in the industry , and Hazeltree found itself in the right place at the right time ,” says Zlotchenko . “ So we have committed ourselves to financial industry and have grown along with its needs , building products by partnering with insiders , which really helped our clients along the way . The change and innovation is still happening at fast pace , and we ' re hoping for a lot more development in the industry especially on the private equity side of the sector .
“ We ’ re seeing transformations ,” he explains . “ Some of the big hedge funds are expanding into private markets such as private equity , private debt real estate , and there ' s active cross-pollination going on in many areas where different creative strategies are being employed , and new investment opportunities are being uncovered with aid of advance technologies such as AI / ML and Big Data Analytics . We
32 December 2022