What is the meaning of the phrase 'static data' as applied to a hedge fund or a mutual fund? Or is it purely a programmer's lingo with little business meaning? The words taken individually do hint it is programmers lingo:)
1 Answer
It's not really my field, but I believe it's all the information that doesn't change (i.e. isn't "real-time") about the business of hedge funds. For example, this site quotes:
The product maintains comprehensive static data records including assets, depositories, accounts, settlement instructions and a wide range of supporting data...