This research work tried to provide an outline specification for scope of implementation of data warehousing. This model is targeting industry as a whole and covering general system and data sets which are minimally required by each and every hedge fund administrator, however based on geographical location and changes in regulatory conditions, macroeconomic environment across the globe and software, networking and hardware technical advancements and security led to open doors for further study and research according changes in trends and scope as we discussed. Few areas identified can be classified as: Technical Scope, Financial and budgetary changes, Changes in regulatory process, Change in macroeconomic environments, Changes in accounting terms, Information Security.