Categories & criteria
The categories for the Hedge Fund Services Awards | US have been developed in consultation with the industry to ensure they reflect the breadth, depth and innovation of today’s hedge fund service landscape.
From fund administration and prime brokerage to legal, compliance and technology solutions, each category highlights the firms setting new standards of excellence and partnership across the sector.
What the judges look for
Each entry is reviewed by an independent panel of senior hedge fund executives, including COOs, CFOs, CTOs, CCOs and GCs, who assess submissions against the following core criteria:
- Commercial success and business growth
Demonstrating strong performance, market impact and client value. - Innovation in products or services
Showcasing forward-thinking solutions that respond to evolving client and industry needs. - Future development potential
Highlighting plans and capabilities that ensure continued advancement and relevance. - Client testimonials and feedback
Providing clear evidence of client satisfaction, trust and measurable results.

2026 categories
Administrators
Best administrator – client service
Best administrator – emerging managers
Best administrator – middle-office services
Best administrator – overall
Best administrator – technology
Advisory & audit
Best advisory firm – overall
Best advisory firm – regulation and compliance
Best advisory firm – tax
Best auditor – emerging managers
Best auditor – overall
Legal & compliance
Best offshore governance firm
Best onshore law firm – client service
Best onshore law firm – emerging managers
Best onshore law firm – overall
Middle office services
Best cash management or treasury service
Best middle-office services - overall
Best order management system (OMS)
Best outsourced trading solution
Best portfolio management software (PMS)
Other outsourced services
Best business banking service
Best custodian
Best digital assets provider
Best insurance provider
Best marketing and communications consultancy
Best outsourced operations/finance service
Best recruitment firm
Best valuations firm
Prime brokers
Best prime broker – capital introduction
Best prime broker - client service
Best prime broker - overall
Private markets
Best administrator – private markets
Best advisory firm – private markets
Best law firm – private markets
Best technology provider – private markets
Technology, risk & data management
Best AI solution or tool
Best analytics tool
Best cloud hosting solution
Best cybersecurity service
Best fund accounting and reporting software
Best managed IT service provider
Best regtech firm
Best risk management technology provider
Best tech infrastructure provider
Most innovative technology firm - boutique
Most innovative technology firm - large scale
Need help with your entry?
If you have questions about entering or need more information please get in contact with us.